Ashland Water Technologies to Increase Prices for Polyacrylamides in Europe

SCHAFFHAUSEN, Switzerland. - Ashland Water Technologies, a commercial unit of Ashland Inc. (NYSE: ASH), today announced it will increase prices immediately for its portfolio of polyacrylamide and polyacrylate chemistries sold in Europe by a minimum of 5 to 10 percent, or as contracts allow.

"Steep cost escalation for critical raw materials, energy and transportation make these increases necessary. We will continue to work in partnership with our customers to help mitigate these increases," said Charles Robinson, vice president, StreamLink Specialty Chemicals, Ashland Water Technologies. "Responding to changing market conditions enables us to continue our industry-leading product support and deliver value to our customers."

Ashland Water Technologies is a leading global producer of polyacrylamide polymers, technical superabsorbents and polyacrylate specialties used in papermaking, municipal water treatment, mining, oilfield applications and various industrial market segments. Its process, utility and functional chemistries are used to improve operational efficiencies, enhance product quality, protect plant assets and help ensure environmental compliance.

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. Our chemistry is at work every day in a wide variety of markets and applications, including architectural coatings, automotive, construction, energy, food and beverage, personal care, pharmaceutical, tissue and towel, and water treatment. Visit ashland.com to see the innovations we offer through our four commercial units - Ashland Specialty Ingredients, Ashland Water Technologies, Ashland Performance Materials and Ashland Consumer Markets.

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FOR FURTHER INFORMATION:
Media Relations
Catherine Abernathy
+1 (904) 256-0333
cmabernathy@ashland.com