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NewsAdhesives and Sealants TopicsAdhesives & Sealants HeadlinesRaw Materials and Chemicals

Ashland Rings Opening Bell at NYSE in Recognition of 100-Year Anniversary

image of confetti in air
December 10, 2024

Participating in a tradition that has evolved since 1792, employees from Ashland Inc. gathered on the floor of the New York Stock Exchange on December 9 as Guillermo Novo, chair and chief executive officer at Ashland, joined by company executives, rang the trading day’s opening bell. The event signifies a decade of evolution, resilience, and sustainable solutions for the additives and specialty ingredients company and recognizes its 100-year anniversary.

“I want to thank our employees for their dedication, our customers for their trust and our shareholders for their support over the years, which continues to be the foundation of our success,” said Novo.

Ashland is hosting a strategy update event for analysts and investors on December 10, 2024, in New York City. At the event, Ashland will provide an in-depth review of the company’s strategic priorities, key initiatives and financial objectives while emphasizing a proactive approach to market uncertainty in fiscal year 2025. The event includes presentations and prepared remarks from members of Ashland’s executive team, as well as breakout sessions for in-person attendees and an opportunity for both live and webcast attendees to ask questions during moderated Q&A sessions.

“This was a year marked by recovery from prolonged inventory destocking in the materials sector, yet Ashland was able to deliver strategic progress, margin expansion, high-quality free cash flow, and disciplined execution across our global portfolio,” continued Novo. “Despite a complex operating environment, we demonstrated our ability to drive value through portfolio optimization, commercial excellence, and focused growth in our core markets. As we execute our strategy, we remain focused on delivering sustainable, profitable growth and long-term shareholder value. I look forward to providing more context during our upcoming event,” concluded Novo.

Visit www.ashland.com to learn more. 

KEYWORDS: additives general business

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