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Ashland

Chemical and motor oil company.

Headquarters:
50 E. RiverCenter Blvd.
Covington, KY 41012
Employees: 10,700
CEO: William Wulfsohn
Stock Symbol: ASH

Website: http://www.ashland.com

Career Site

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 100 countries.

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.

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 January 27, 2015