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Harris to Lead Composite Polymers, Ashland Specialty Chemical Company

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01/23/2004

Harris to Lead Composite Polymers, Ashland Specialty Chemical Company

Harris to Lead Composite Polymers, Ashland Specialty Chemical CompanyCOVINGTON, Ky., Jan. 23 /PRNewswire-FirstCall/ -- Theodore "Ted" L. Harris has been named vice president, Ashland Specialty Chemical Company, and general manager, Composite Polymers, according to Mike Shannon, senior vice president, Thermoset Resins, Ashland Specialty Chemical, a division of Ashland Inc. (NYSE: ASH).

In his new role, Harris will be responsible for driving the growth strategy in the global composites marketplace; delivering a strengthened technology offering; and achieving global alignment in marketing, sales, manufacturing, technology and customer service. Harris will be based in Dublin, Ohio, and will report to Shannon.

"Ted brings a proven, global track record in operations, sales and marketing management," Shannon said. "To continue the strong growth record we have enjoyed within Composite Polymers, we will need to aggressively and creatively capture new market share. We expect Composite Polymers to continue to thrive under Ted's capable leadership."

Harris comes to Ashland from FMC Corporation in Philadelphia, Pa., where he served as general manager of the Food Ingredients Division within FMC's Food, Pharmaceutical and Personal Care Group (FMC BioPolymer). He has been affiliated with various FMC operations since 1992 and has served in several different capacities, including sales and marketing director, Electro Quimica Mexicana S.A. de C.V., an FMC subsidiary, and marketing director, Hydrogen Peroxide Business.

A native of Philadelphia, Pa., Harris earned a bachelor's degree in chemical engineering from Lehigh University in Bethlehem, Pa., and a master's in business administration from Harvard Graduate School of Business Administration in Boston, Mass.

About Ashland

Ashland Specialty Chemical Company, a division of Ashland Inc., is a leading, worldwide supplier of specialty chemicals serving industries including adhesives, automotive, composites, metal casting, merchant marine, paint, paper, plastics, watercraft and water treatment. Visit www.ashspec.com to learn more about these operations.

Ashland Inc. (NYSE: ASH) is a Fortune 500 transportation construction, chemicals and energy company providing products, services, and customer solutions throughout the world. Through the dedication of our employees, we are "The Who In How Things Work™". Find us at www.ashland.com .

™ Trademark, Ashland Inc.

SOURCE Ashland Specialty Chemical Company

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding Ashland's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of such risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see "Risk Factors" in the Company's Annual Report or Form 10-K for the most recently ended fiscal year.