Articles from Ashland, Inc.

WILMINGTON, Del., Jan. 28, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced financial results1 for the first quarter of fiscal year 2025, which ended December 31, 2024, and issued its full-year fiscal 2025 outlook. Ashland, a global additives and specialty ingredients company, holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

WILMINGTON, Del., Jan. 20, 2025 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.405 cents per share on the company's common stock. The dividend is payable on March 15, 2025, to stockholders of record at the close of business on March 1, 2025.

WILMINGTON, Del., Jan. 14, 2025 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its first-quarter fiscal 2025 earnings release at approximately 5 p.m. ET on Tuesday, January 28, 2025. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, January 29. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

Wilmington, Del., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) announced today that it has signed a definitive agreement to sell its Avoca business to Mane. The transaction is expected to close in the calendar first quarter 2025, subject to the satisfaction of customary closing conditions.

Company to hold investor strategy update event on December 10, 2024

Wilmington, Del., Dec. 09, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH), the global additives and specialty ingredients company today announced a strategic partnership with the Arbor Day Foundation, recognizing the 100-year anniversary of the company and celebrating the innovative work of its global solvers.

WILMINGTON, Del., Nov. 14, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.405 cents per share on the company's common stock. The dividend is payable on December 15, 2024, to stockholders of record at the close of business on December 1, 2024.

WILMINGTON, Del., Nov. 08, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) will host a strategy update event for analysts and investors on Tuesday, December 10, 2024, in New York City. The company will provide an in-depth review of Ashland’s strategic priorities, key initiatives and financial objectives while emphasizing a proactive approach to market uncertainty in fiscal year 2025.

Financial results for fourth-quarter fiscal 20241

WILMINGTON, Del., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its fourth-quarter fiscal 2024 earnings release at approximately 5 p.m. ET on Wednesday, November 6, 2024. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Thursday, November 7. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

Technology successfully validated by field trials and successful customer pilots; commercial samples and material now available

WILMINGTON, Del., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced it has completed the sale of its nutraceuticals business to an affiliate of Turnspire Capital Partners LLC (“Turnspire”) effective August 30, 2024. The sale includes custom formulation and contract manufacturing capabilities for the nutrition market from the production facilities in New Jersey and Utah in the United States, and Tamaulipas, Mexico. Financial terms of the transaction were not disclosed.

WILMINGTON, Del., Aug. 09, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.405 cents per share on the company's common stock. The dividend is payable on September 15, 2024, to stockholders of record at the close of business on September 1, 2024.

WILMINGTON, Del., Aug. 06, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced financial results1 for the third quarter of fiscal year 2024, which ended June 30, 2024, and issued its outlook for fourth quarter and full-year fiscal 2024. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

WILMINGTON, Del., July 17, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its third-quarter earnings release at approximately 5 p.m. ET on Tuesday, August 6, 2024. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 10 a.m. ET on Wednesday, August 7. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

WILMINGTON, Del., June 24, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) announced today that Omar Irani will join the company as vice president strategy, mergers and acquisitions, and portfolio management, effective July 22, 2024. Irani will report to Guillermo Novo, chair and chief executive officer, Ashland.

WILMINGTON, Del., June 18, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) has strengthened its performance  towards environmental, social and governance (ESG) practices and a more just and equitable society through  a relationship with the Fair Wage Network (FWN) to understand living wages for the company’s 3,800 global employees. Following a rigorous and thorough process where compensation data for all employees was reviewed on an anonymous basis and steps were taken to remediate any pay gaps, Ashland achieved certification as a Global Living Wage Employer.

WILMINGTON, Del., June 04, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) announced today that Alessandra Faccin will join the company as senior vice president and general manager, Life Sciences, effective June 10, 2024. Faccin will report to Guillermo Novo, chair and chief executive officer, Ashland.

WILMINGTON, Del., May 08, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) is announcing the appointment of Ashish K. Kulkarni to its Board of Directors. Kulkarni is the CEO of Kebotix, a startup company focused on commercializing artificial intelligence methods into new material commercialization. He is the former executive vice president and chief innovation officer, GAF, former chief technology and innovation officer, Avantor and former chief technology and innovation officer, Celanese Corporation. He will serve on the Board's Environmental, Health, Safety and Quality, and Compensation Committees, effective May 6, 2024.  Prior to Celanese, Kulkarni held leadership positions at United Technologies Corporation, American Standard and General Electric.

WILMINGTON, Del., May 07, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.405 cents per share on the company's common stock which represents a five percent increase from the previous quarter. The dividend is payable on June 15, 2024, to stockholders of record at the close of business on June 1, 2024.

WILMINGTON, Del., May 07, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) announced today that it has signed a definitive agreement to sell its nutraceuticals business to Turnspire Capital Partners LLC (“Turnspire”). The transaction is expected to close in the calendar third quarter 2024, subject to the satisfaction of customary closing conditions.

WILMINGTON, Del., April 30, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced financial results1 for the second quarter of fiscal year 2024, which ended March 31, 2024, and issued its outlook for third quarter and full-year fiscal 2024. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

WILMINGTON, Del., April 18, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m. ET on Tuesday, April 30, 2024. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, May 1. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

Tozier is strategic advisor to the CEO, and former executive vice president and chief financial officer of Albemarle Corporation

WILMINGTON, Del. , April 03, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH), the global additives and specialty ingredients company today announced executive organization changes to its personal care and specialty additives businesses.

Company increases support for greenlight4girls

WILMINGTON, Del., Jan. 22, 2024 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock. The dividend is payable on March 15, 2024, to stockholders of record at the close of business on March 1, 2024.

WILMINGTON, Del., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its first-quarter earnings release at approximately 5 p.m. ET on Tuesday, January 30, 2024. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, January 31, 2024. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

WILMINGTON, Del., Jan. 09, 2024 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH), the global additives and specialty ingredients company today announced organization changes to its finance and strategy, mergers and acquisitions (M&A) and portfolio teams, effective immediately.

The yearly award singles out women whose contributions to the Delaware business community are both unique and impactful; the depth and breadth of Carolmarie Brown’s experience at Ashland, DuPont and more underscore the powerful impact women can have on business

WILMINGTON, Del., Nov. 30, 2023 (GLOBE NEWSWIRE) -- The Science Based Targets initiative (SBTi) has validated the science-based greenhouse gas (GHG) emissions reductions targets submitted by Ashland Inc. (NYSEASH) as conforming with the SBTi Criteria and Recommendations. The company has joined more than 6,500 businesses who have committed to the SBTi to reduce emissions in line with climate science.

Report shows how ESG practices and programs are reshaping innovation and delivering greater transparency while forging deeper ties with communities, partners, suppliers, and customers

WILMINGTON, Del., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) has announced the appointment of Sanat Chattopadhyay, executive vice president of Merck & Company NYSE: MRKNYSEMRK)

WILMINGTON, Del., Nov. 13, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock. The dividend is payable on December 15, 2023, to stockholders of record at the close of business on December 1, 2023.

WILMINGTON, Del., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced financial results1 for the fourth quarter of fiscal year 2023, which ended September 30, 2023, together with its fiscal year 2023 results summary and first-quarter fiscal 2024 outlook. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

WILMINGTON, Del., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today provided an update for preliminary fiscal 2023 fourth-quarter results, full-year sales and Adjusted EBITDA.1 Ashland’s financial results during the quarter reflect market-demand dynamics and underlying business performance that were generally consistent with previously communicated expectations. Earnings for the quarter were most directly impacted by additional inventory-reduction actions taken to better position the company for more conservative demand scenarios.

WILMINGTON, Del., Aug. 28, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) has changed the start time of the company’s Innovation Day being held on Tuesday, September 12, 2023. The event will now begin at 9:30 a.m. ET instead of 9:00 a.m. ET for both in-person attendees as well as those participating by webcast.

Robin Lampkin named senior vice president, general counsel and secretary

WILMINGTON, Del., Aug. 14, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock. The dividend is payable on September 15, 2023, to stockholders of record at the close of business on September 1, 2023.

WILMINGTON, Del., July 27, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) will host a live Innovation Day on Tuesday, September 12, 2023 beginning at 9:00 a.m. ET at the company’s corporate headquarters in Wilmington, Delaware.

 

WILMINGTON, Del., July 14, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its fiscal-third quarter earnings release at approximately 5 p.m. ET on Tuesday, July 25, 2023. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, July 26, 2023. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

WILMINGTON, Del., June 28, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today provided an update for preliminary fiscal 2023 third-quarter financial results1 and its outlook for fiscal year 2023 results. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

Jay V. Ihlenfeld and Brendan M. Cummins plan exit in January 2024

WILMINGTON, Del., May 11, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.385 cents per share on the company's common stock representing a 15 percent increase from the previous quarter. The dividend is payable on June 15, 2023, to stockholders of record at the close of business on June 1, 2023. As of April 30, 2023, there were 52,353,681 shares of Ashland common stock outstanding.

WILMINGTON, Del., May 01, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced James Minicucci will join Ashland’s executive team as senior vice president strategy, mergers and acquisitions, and portfolio management, reporting to Guillermo Novo, chair and chief executive officer, Ashland.

Wilmington, Del., April 21, 2023 (GLOBE NEWSWIRE) -- In celebration of Earth Day 2023, Ashland Inc. (NYSEASH) announced the company’s continued support of The Nature Conservancy (TNC) Plant A Billion Trees forest restoration project and TNC’s youth engagement Nature Lab with a total donation of $50,000.

WILMINGTON, Del., April 20, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its second-quarter earnings release at approximately 5 p.m. ET on Tuesday, May 2, 2023. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Wednesday, May 3, 2023. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

Company actions drive gender parity

WILMINGTON, Del., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced financial results1 for the first quarter of fiscal year 2023, which ended December 31, 2022. The global additives and specialty ingredients company holds leadership positions in high-quality, consumer-focused markets including pharmaceuticals, personal care and architectural coatings.

WILMINGTON, Del., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today provided an update for preliminary fiscal 2023 first-quarter financial results1 and maintained its outlook for fiscal year 2023 results. Additional information regarding first-quarter fiscal 2023 earnings and full-year outlook will be shared during a conference call webcast with securities analysts on Wednesday, February 1, 2023.

WILMINGTON, Del., Jan. 23, 2023 (GLOBE NEWSWIRE) -- The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.335 cents per share on the company's common stock. The dividend is payable on March 15, 2023, to stockholders of record at the close of business on March 1, 2023.

WILMINGTON, Del., Nov. 18, 2022 (GLOBE NEWSWIRE) --  The board of directors of Ashland Inc. (NYSEASH) has declared a quarterly cash dividend of $0.335 cents per share on the company's common stock. The dividend is payable on December 15, 2022, to stockholders of record at the close of business on December 1, 2022.

WILMINGTON, Del., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) has been named among the 100 Best ESG Companies by Investor’s Business Daily (IBD). The recognized companies of 2022 include a combination of profitability with environment, social and governance (ESG) responsibility.

WILMINGTON, Del., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) has been recognized with the Commitment to Life Award in the Human Rights category by Natura&Co for Ashland’s Responsible Solvers™ sustainable guar farming and education program using science, technology, engineering, and math (STEM) to train men and women farmers in Rajasthan, India.

WILMINGTON, Del., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) has earned EcoVadis Gold underscoring the company’s commitment to environment, social and governance (ESG) and a conscious-to-cutting-edge approach to innovation.  

WILMINGTON, Del., Oct. 31, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced the United States Food and Drug Administration (FDA) Center for Drug Evaluation and Research Office of New Drugs has accepted Ashland Viatel™ bioresorbable mPEG-PDLLA pharmaceutical excipient in the review cycle of the FDA Novel Excipient Review Pilot Program.

WILMINGTON, Del., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Ashland Inc. (NYSEASH) today announced plans to issue its fourth-quarter earnings release at approximately 5 p.m. ET on Monday, November 7, 2022. The company’s live webcast with securities analysts will include an executive summary and detailed remarks. The live webcast will take place at 9 a.m. ET on Tuesday, November 8, 2022. Simultaneously, the company will post a slide presentation in the Investor Relations section of its website at http://investor.ashland.com.

Company charts significant progress across all three pillars, demonstrating its transformation strategy, enhanced innovation portfolio and multi-regional business focus while delivering on emissions reduction, community engagement, environment and anti-corruption goals