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Ashland Inc.



Ashland is a diversified business corporation that operates in five industry units: The Ashland Paving And Construction, Inc. group of companies, Ashland Distribution, Ashland Specialty Chemical, Valvoline and Refining and Marketing. APAC performs asphalt and concrete contract construction work, including highway paving and repair, excavation and grading and bridge construction, and produces asphaltic and ready-mix concrete, crushed stone and other aggregate in the southern and mid-continent United States. Ashland Distribution distributes industrial chemicals and solvents, plastics, composite materials and fine ingredients in North America and plastics in Europe. On March 2004, it signed an agreement to transfer its 38% interest in Marathon Ashland Petroleum LLC and two wholly owned businesses to Marathon Oil Company. In December 2004, Ashland Composite Polymers, purchased the DERAKANE epoxy vinyl ester resin business from Dow Chemical Company.


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