Ashland Inc. acquires full ownership of Hodogaya Ashland Co., Ltd.

Ashland acquires the rights to a majority of the gelcoat unsaturated polyester resin (UPR) blend technologies

Ashland Inc. announced it has acquired the rights to a majority of the gelcoat unsaturated polyester resin (UPR) blend technologies from The Valspar Corporation.The transaction includes the technologies, formulations and processing information for the gelcoat and UPR blend products but does ... more

Ashland names May Shana’a to lead technology and growth strategy for Ashland Specialty Ingredients

Dr. May Shana’a has been named group vice president, Technology and Growth Strategy, for Ashland Specialty Ingredients, a commercial unit of Ashland Inc.. The announcement was made by John E. Panichella, senior vice president, Ashland Inc. and president, Ashland Specialty Ingredients, to wh ... more

Ashland’s Dale MacDonald nominated to the American Coatings Association board of directors

Dale MacDonald, group vice president, Coatings Specialties, Ashland Specialty Ingredients, has been nominated to the American Coatings Association’s (ACA) board of directors. MacDonald, will serve a three-year term through April 2015. MacDonald’s career with Ashland began in 1990 and has in ... more

Ashland Inc. acquires full ownership of Hodogaya Ashland Co., Ltd.

Ashland Inc. completed a transaction whereby it acquired full ownership of the joint venture Hodogaya Ashland Co., Ltd. (HAC). The purchase price of the stock transaction was not disclosed. For more than 20 years, Ashland and Hodogaya Chemical Company, Ltd., have operated HAC in Japan as a ... more

Nippon Polyurethane Industry Becomes Tosoh Subsidiary

Tosoh Corporation announced that it will raise its stake in Nippon Polyurethane Industry Co. Ltd. (NPU) to 51% from the current 35% by acquiring NPU shares held by affiliate, Hodogaya Chemical Co. Ltd. The move further accelerates Tosoh's vinyl-isocyanate strategy and strengthens ties as th ... more