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, Ashland Specialty Ingredients
5475 Rings Rd., N. Tower, Ste. 500
Dublin,
OH
43017
United States
Phone: (877) 546-2782
Contact
A premier specialty materials company with a conscious mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care, and pharmaceutical.
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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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