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Ashland

Chemical and motor oil company.

Headquarters:
50 E. RiverCenter Blvd.
Covington, KY 41012
Employees: 11,700
CEO: James O'Brien
Stock Symbol: ASH

Website: http://www.ashland.com

Career Site

Ashland Inc. is a diversified chemical company provides innovative products, services and solutions to customers around the globe. Ashland has sales and operations in the United States and in more than 100 countries worldwide.

The company has operations in 120 countries. Ashland is organized into four wholly owned divisions: Ashland Paving And Construction (APAC), Ashland Distribution, Ashland Specialty Chemical and Valvoline motor oil.

In fiscal 2007, revenues were $7.8 billion and net income was $230 million.

History

The company was started in 1924 when Paul Blazer was named general manager of Ashland Refining Company of Ashland, KY, a refining arm of Swiss Oil Company of Lexington. Principal operation was a small refinery in Catlettsburg.

Ashland would grow to include Valvoline, chemical and petroleum businesses. In 2005, Ashland sold interest in its petroleum division to Marathon Oil.

Updated March 3, 2008