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- Title
Ashland Inc. to Separate into Two Independent Companies.
- Abstract
The article reports on the approval by the board of directors of transportation construction, chemical, and petroleum company Ashland Inc. of a plan to separate the company into two independent, publicly traded companies, Valvoline and the new Ashland. It says that the move represents the final step into the transformation of Ashland from an oil company to a specialty chemicals company. It outlines comments of Ashland chairman and chief executive officer Willaim A. Wulfsohn about the move.
- Subjects
CORPORATE reorganizations; ASHLAND Inc.; PUBLIC companies; BUSINESS conversion; VALVOLINE (Company); SPECIALTY chemicals industry; WULFSOHN, William A.
- Publication
CoatingsTech, 2015, Vol 12, Issue 10, p23
- ISSN
2475-1499
- Publication type
Article