Ashland Completes Acquisition of Hercules

Transformation overview
Ashland now comprises a core of three specialty chemical businesses that will drive the company both strategically and financially, generating approximately 75 percent of total EBITDA on a pro forma basis. These businesses—paper and water technologies, specialty resins, and specialty additives and functional ingredients—hold strong market positions and promising global growth potential. Ashland’s logistics efficiencies and well-developed marketing capabilities in consumer markets complement its core businesses and enhance its ability to deliver valued products and services.