May 31, 2011 |
Specialty chemicals maker Ashland Inc. has struck a deal to buy privately held International Specialty Products Inc. for $3.2 billion as part of a plan to bolster its already strong roster of products for the skin care, drug and energy sectors. Ashland, best known for its Valvoline oil brand, also makes chemicals and materials for the packaging and water purification industries. In buying International Specialty Products, Ashland is betting that consumer demand for pharmaceuticals, skin creams, hair gels and cosmetics will only continue to grow.
October 22, 1990 |
Ashland Oil today reported that a strong fourth quarter from its oil group resulted in the company having its second-best year ever. In its fourth quarter ended Sept. 30, Ashland said it had earnings of $59 million on revenues of $2.5 billion, compared to a net loss of $39 million on revenues of $2.3 billion in last year's quarter. For its fiscal year ended Sept. 30, the Ashland, Ky.
November 22, 1989 |
Ashland Oil Inc. will pay Pennsylvania $4.6 million in civil penalties and other costs for damage caused by a 1988 spill of more than 700,000 gallons of diesel fuel near Pittsburgh, Gov. Robert P. Casey said today. The money will finance a number of initiatives, including an environmental survey of the Ohio River basin and scholarships for the study of environmental protection.
January 14, 1988 |
Workers closed this town's Ohio River water intake valves Wednesday night as an oil slick began moving through, officials said. Earlier in the day, workers had filled three barges with a million gallons each of unpolluted Ohio River water to fortify an emergency supply. The slick was two miles upstream from Sistersville, a town of 2,200 residents, when the workers shut the intake valves shortly before 8 p.m., said Mitch Wilcox, director of emergency services for Tyler County.
October 29, 1985
Holmes & Narver Inc., an Orange-based engineering firm, has received a five-year contract, with an estimated value of $400 million, to assist the U.S. Department of Energy at its Nevada test site and other atomic testing areas in the Pacific, the company announced Monday. The contract requires Holmes & Narver, a subsidiary of Ashland Oil Inc. of Ashland, Ky., to provide engineering, architectural, construction, communication and other services.
October 25, 2004
Today * National Assn. of Realtors reports on existing-home sales for September. * Ashland Inc. releases fourth-quarter earnings. * Third-quarter earnings expected from American Express Co., BellSouth Corp., Electronic Data Systems Corp., Kellogg Co. and Kimberly-Clark Corp. Tuesday * Conference Board releases results of its monthly survey on consumer confidence. * Sara Lee Corp. releases fourth-quarter earnings. * Third-quarter earnings expected from AK Steel Holding Corp., BP, DuPont Co.
May 2, 1997 |
Reebok International Ltd.'s shareholders approved a proposal at its annual meeting that asks the company to have all its directors elected at the same time. The nonbinding proposal was submitted in February by the California Public Employees' Retirement System, or Calpers, which holds about 599,900 Reebok shares. Almost 53% of Reebok's shareholders approved the proposal, Calpers said.
February 20, 1989 |
Seven barges carrying gasoline broke free from a towboat Sunday on the Ohio River and spilled an estimated 40,000 gallons of fuel into the river after striking a railroad bridge piling, officials said. Recovery of the gasoline was impossible because it had been diluted, said Rich Carter, assistant chief of the Ohio Environmental Protection Agency's Office of Emergency Response. "No impact has been observed thus far," he said.