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Xantar polycarbonates stays with Ashland as product line moves to Mitsubishi

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06/14/2010

Xantar polycarbonates stays with Ashland as product line moves to Mitsubishi

Xantar polycarbonates stays with Ashland as product line moves to MitsubishiBARCELONA, Spain – Ashland Distribution, a commercial unit of Ashland Inc. (NYSE: ASH), announced today it will continue to distribute Xantar* polycarbonate products to customers throughout the European region. Mitsubishi took control of Xantar polycarbonate products from DSM on June 1 and has agreed that the product distribution will stay with Ashland.

“Ashland Distribution has long-standing, successful relationships with both DSM and Mitsubishi,” said Gianpaolo Armando, commercial director for Ashland Distribution Europe. “Through our relationships with these and other world-class suppliers, we offer our customers a broad portfolio of industry-leading product lines. We are pleased to continue to offer Xantar polycarbonates and are working closely with Mitsubishi to ensure that immediate and new supply requirements are addressed during the transition period.”

Ashland Distribution, a commercial unit of Ashland Inc., is a leading pan-European distributor of commodity plastics and specialized engineering resin from many of the world’s leading suppliers. Ashland Distribution specializes in providing trusted products and services in mixed truckloads and less-than-truckload quantities to customers in a wide range of industries.

Ashland Inc. (NYSE: ASH) provides specialty chemical products, services and solutions for many of the world’s most essential industries. Serving customers in more than 100 countries, it operates through five commercial units: Ashland Aqualon Functional Ingredients, Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Consumer Markets (Valvoline) and Ashland Distribution. To learn more about Ashland, visit www.ashland.com.

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