In more than 100 countries, the people of Ashland Inc. (NYSE: ASH) provide the specialty chemicals, technologies and insights to help customers create new and improved products for today and sustainable solutions for tomorrow. With annual sales of approximately $6 billion and approximately half of our sales generated outside North America, we're listed among the FORTUNE 500* and S&P MidCap 400*.
During the past decade, we've taken significant steps to refocus our enterprise and create value for our shareholders, as well as for our customers. We've redesigned our business models to address the realities of the global marketplace, divested those businesses that no longer fit our strategic plan, and acquired businesses in high-growth end markets to enhance our specialty chemical offerings. We're building broader and deeper relationships with customers in key markets that include personal care, pharmaceutical, energy, automotive, food and beverage, construction, architectural coatings and other specialty markets.
Today Ashland is a leading, global specialty chemical company built upon a strong foundation that positions us to generate predictable, consistent earnings and strong cash flows. We operate through three commercial units:
Annual sales figure from continuing operations for the 12 months ended June 30, 2014.