Fiscal 2021 Sales Increase 5% for Ashland
The company reports that demand trends improved throughout the year following the onset of the global pandemic in fiscal year 2020.
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Company Profile
Ashland
5475 Rings Rd., N. Tower, Ste. 500
Dublin,
OH
43017
United States
Phone: (877) 546-2782
Contact
Ann McGlone, Global Mktg. Mgr.
Pressure-sensitive, flexible packaging, laminating, acrylic, and polyurethane-based adhesives, along with UV/EB and water-based overprint and specialty coatings.
Product Categories
Articles
Ashland Provides Fiscal 2021 Financial Update
Due to supply chain and logistics factors, the company is adjusting its earnings outlook.
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Ashland Establishes Renewable Annual Environmental Trust
The combination of the corporate cash, existing COLI assets, and remediated real estate sales is expected to fully fund ongoing cash requirements associated with Ashland’s environmental remediation efforts.
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Arkema to Acquire Ashland’s Performance Adhesives Division for Nearly $1.7 Billion
According to Arkema, the acquisition aligns with the group’s ambition to become a pure specialty materials player by 2024 while supporting Bostik’s strong long-term growth ambition.
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Ashland Reports Strong Demand in 2021 Fiscal Third Quarter
Sales were $637 million, up 11% compared to the prior-year period.
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Ashland Expects Supply Chain Challenges to Impact its Third Quarter Financial Results
According to Ashland, the availability of some raw materials, in addition to shipping, logistics, and packaging challenges, is offsetting strong demand and continues to constrain its ability to rebuild inventories and meet customer demand.
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Ashland Considers the Future of its Performance Adhesives Business Unit
The company intends to evaluate all options with respect to the business unit, including a potential sale.
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Ashland to Increase Production Capacity for Hydroxyethylcellulose in Nanjing
The thickening agent is used as a non-ionic rheology modifier in a range of industries, including paints and coatings, construction, oil and gas, personal care, and pharmaceutical.
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Ashland Reports Solid Performance in First 2021 Fiscal Quarter
Sales were approximately $552 million, up 4% compared to the prior-year period, as growth was realized in all three of Ashland's business groups.
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Ashland Commits to Science Based Targets Initiative and United Nations Global Compact
More than 1,000 businesses are working with the Science Based Targets initiative to reduce their emissions in line with climate science.
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Ashland Details Recent Sustainability Initiatives
Consistent with the company’s Responsible Care policy, Ashland endorses biodiversity conservation by operating in a way that minimizes effects on natural habitats and biological resources.
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Ashland Calvert City Receives 2020 SOCMA Sustainability Award
The Ashland Calvert City team reportedly focused much of its efforts on decreasing energy consumed on site.
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Evolving Solvent-Based Pressure-Sensitive Adhesives
Developments in the construction of high-solids solvent pressure-sensitive adhesives are enabling a range of new products and increasing the toolbox for formulators.
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Ashland Publishes 2019 Corporate Sustainability Report
According to Ashland, its sustainability report and webpages include examples of how the company is improving products and processes while preserving natural resources and enhancing the communities in which it operates.
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Ashland Completes Sale of Maleic Anhydride Business to AOC Materials
The transaction was valued at $100 million.
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2020 ASI Top 20: Leading Global Manufacturers of Adhesives and Sealants
We targeted sales figures (and other details) for finished adhesives and sealants, as well as related products, to develop the ASI Top 20 ranking of leading adhesive and sealant manufacturers.
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Sales Decline 10% for Ashland in Fiscal 2020 Third Quarter
Ashland achieved sales of $574 million in its 2020 fiscal third quarter, a decrease of 10% compared to the 2019 quarter.
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Ashland to Sell Maleic Anhydride Business to AOC Materials for $100 Million
The transaction is expected to close prior to the end of 2020, contingent on customary regulatory approvals and standard closing conditions.
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Winkler von Mohrenfels to Succeed Ganz as Ashland General Counsel
To support a smooth transition, Yvonne Winkler von Mohrenfels will serve as deputy general counsel, effective immediately.
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Ashland Provides Update on its Fiscal 2020 Second Quarter and COVID-19 Impact
Ashland’s sales were approximately $610 million in its second 2020 fiscal quarter, down 9% vs. the prior-year period.
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Ashland Announces New Specialty Additives and Adhesives Business Leaders
Min Chong is joining Ashland to lead the Specialty Additives business unit, and Tim Pione will be leading the Performance Adhesives business unit.
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Ashland Announces Business Realignment
Ashland plans to organize around three primary external reporting segments—Consumer Specialties, Industrial Specialties, and Intermediates & Solvents—as well as a Corporate reporting segment.
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