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FINDLAY, Ohio, March 31 /PRNewswire-FirstCall/ -- Marathon Ashland Petroleum LLC (MAP) today announced an agreement with Motiva Enterprises LLC to purchase one of Motiva's three Port Everglades terminals located in Ft. Lauderdale, Florida. The transaction is expected to close in early June, pending completion of various pre-closing activities....
COVINGTON, Ky., March 10 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) received a letter from Atticus Capital, L.L.C., an investment management firm, which states that Atticus holds Ashland common stock and expresses Atticus' concern regarding Ashland's previously announced proposed transaction with Marathon Oil Corporation for the transfe...
COVINGTON, Ky., Feb. 8 /PRNewswire-FirstCall/ -- Ashland Inc. today provided further guidance on the status of a proposed transaction with Marathon Oil Corporation ("Marathon"). On March 19, 2004, Ashland announced the signing of an agreement under which it would transfer its 38-percent interest in Marathon Ashland Petroleum LLC ("MAP") and two...
COVINGTON, Ky., Jan 28, 2005 /PRNewswire-FirstCall via COMTEX/ -- Ashland Inc. (NYSE: ASH) announced today that it has made a revision to its first quarter fiscal 2005 results issued on January 25, 2005. As a result, net income was reduced to $94 million, or $1.28 a share, for the December 2004 quarter rather than the previously reported $10...
COVINGTON, Ky., Jan. 27 /PRNewswire-FirstCall/ -- Shareholders of Ashland Inc. (NYSE: ASH) met today in Covington, Ky., to take action on two items of business at the 81st annual shareholders meeting. (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO ) The election of three directors was approved by the shar...
COVINGTON, Ky., Jan. 26 /PRNewswire-FirstCall/ -- The board of directors of Ashland Inc. (NYSE: ASH) today declared the regular quarterly dividend of 27.5 cents per common share on the company's stock, equivalent to an annual dividend of $1.10 per share. (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO ) T...
COVINGTON, Ky., Jan 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- The following was issued today by Ashland Inc. (NYSE: ASH): (Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO ) Fiscal 2005: First quarter highlights - Robust performance from refining and marketing contributes to record De
COVINGTON, Ky., Jan. 21 /PRNewswire-FirstCall/ -- Ashland Inc. (NYSE: ASH) today announced that on Tuesday, Jan. 25, at 10:00 a.m. (EST), it will conduct a live audio webcast of its first quarter earnings presentation to the investment community. The call will cover results for the quarter ended December 31, the first quarter of Ashland's 2005 ...
DUBLIN, Ohio, Dec. 29 /PRNewswire-FirstCall/ -- Ashland Composite Polymers, a business group of Ashland Specialty Chemical, a division of Ashland Inc. (NYSE: ASH), has completed its purchase of the DERAKANE® epoxy vinyl ester resin business (which includes the DERAKANE MOMENTUM* product line) from The Dow C...
COVINGTON, Ky., Dec 20, 2004 /PRNewswire-FirstCall via COMTEX/ -- Ashland Inc. announced today that the Internal Revenue Service (IRS) has now indicated that it does not intend to provide all the rulings requested by Ashland Inc. and Marathon Oil Corporation in the proposed transaction to transfer Ashland's 38-percent interest in Marathon As...
COVINGTON, Ky., Dec. 14 /PRNewswire-FirstCall/ -- Ashland Inc. announced today that it expects substantially higher earnings for the December quarter, compared to last year's quarter, primarily due to the performance of its 38- percent owned refining and marketing joint venture, Marathon Ashland Petroleum LLC (MAP). Strong refining margins earl...
COVINGTON, Ky., Dec 14, 2004 /PRNewswire-FirstCall via COMTEX/ -- In its fiscal 2004 Form 10-K, which was filed today, Ashland Inc. stated that it continues to discuss with the Internal Revenue Service (IRS) the complex tax issues related to its previously disclosed agreement to transfer its interest in Marathon Ashland Petroleum LLC (MAP) t...
COVINGTON, Ky., Dec. 6 /PRNewswire-FirstCall/ -- Gary A. Cappeline, president and chief operating officer, Chemical Sector, Ashland Inc., will present the opening keynote address at the Chemical Industry Global Outlook 2005 Conference in New York City this week. Cappeline will speak to the conference at the Westin Hotel at Times Square on Thurs...
FINDLAY, Ohio, Nov. 29 /PRNewswire/ -- Marathon Ashland Petroleum LLC announced today that over 1,000 of its independent Marathon® branded retail locations have now enrolled in its eMpowered Buying™ club. This represents more than 25 percent of its total branded retail ...
LEXINGTON, Ky., Nov. 17 /PRNewswire-FirstCall/ -- Valvoline, a division of Ashland Inc. (NYSE: ASH), recently announced the promotion of Mitchell K. Skaggs and Robert R. Craycraft to new positions on Valvoline's senior management team, according to Samuel J. Mitchell, division president. (Logo: http://www.newscom.com/cgi-bin/prnh/20...
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