500 Job Source
Chemical and motor
50 E. RiverCenter Blvd.
Covington, KY 41012
CEO: William Wulfsohn
Stock Symbol: ASH
Ashland Inc. is a global leader in providing specialty chemical solutions to customers in a wide range
of consumer and industrial markets. Through its three commercial units – Ashland Specialty Ingredients, Ashland
Performance Materials and Valvoline – the company uses good chemistry to make great things happen for customers in more than
Ashland's innovative products and services add value to a variety of things that touch people’s lives every day. Ashland chemistries
help whiten your teeth, protect you from the sun and make your medicine work more effectively. They help create more
sustainable building products and energy sources. They help your vehicle run better and look good. Ashland ingredients can
be found across a broad spectrum of applications, including architectural coatings, automotive, construction, energy, food
and beverage, personal care and pharmaceutical.
Valvoline is the #2 quick-lube chain with 920 locations and #3 passenger-car
motor oil in the United States
The company has operations in over 100 countries.
In fiscal 2014, revenues were $6.12 billion, up slightly from the prevous year, and net income was $233 million.
William Wulfsohn became the new CEO of the company on January 1, 2015.
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 January 27, 2015