Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Nyse  >  Ashland Global Holdings Inc.    ASH

ASHLAND GLOBAL HOLDINGS INC.

(ASH)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector news

Ashland Global : completes sale of maleic anhydride business to AOC Materials LLC for $100 million

10/02/2020 | 09:58am EST

Ashland Global Holdings Inc. (NYSE: ASH) today announced that it has closed the sale of its maleic anhydride business and manufacturing facility in Neal, West Virginia to AOC Materials LLC, for $100 million.

'This sale furthers Ashland's strategic focus on specialty ingredients and improved margins,' said Guillermo Novo, chairman and chief executive officer, Ashland. 'I want to thank the employees of the maleic business for their important contributions to Ashland and wish them well as they transition to AOC.'

'We are pleased to bring this business into the AOC family,' said Joe Salley, chief executive officer, AOC. 'We welcome our new employees and we are excited about the strategic growth opportunities.'

Citi acted as financial advisor to Ashland, and Squire Patton Boggs LLP acted as legal advisor.

About Ashland

Ashland Global Holdings Inc. (NYSE: ASH) is a premier global specialty materials company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. At Ashland, we are approximately 4,600 passionate, tenacious solvers - from renowned scientists and research chemists to talented engineers and plant operators - who thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries.

About AOC

AOC is the leading global supplier of resins and specialty materials that enable customers to create robust, durable, and versatile products and components. With strong capabilities around the world in both manufacturing and science, the company works closely with customers to deliver unrivaled quality, service, and reliability for today, and create innovative solutions for tomorrow.

Contact:

Seth A. Mrozek

Tel: +1 (302) 594-5010

Email: samrozek@ashland.com

(C) 2020 Electronic News Publishing, source ENP Newswire

All news about ASHLAND GLOBAL HOLDINGS INC.
11/30ASHLAND GLOBAL HOLDINGS INC. : Ex-dividend day for
FA
11/23ASHLAND GLOBAL : MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND..
AQ
11/19ASHLAND GLOBAL : board declares quarterly dividend
AQ
11/19ASHLAND GLOBAL : expert to present stain resistance of coatings by new experimen..
AQ
11/18ASHLAND GLOBAL : board declares quarterly dividend
AQ
11/18Ashland board declares quarterly dividend
GL
11/11ASHLAND GLOBAL : reports preliminary financial results for fourth quarter of fis..
AQ
11/10ASHLAND GLOBAL HOLDINGS INC : Results of Operations and Financial Condition, Reg..
AQ
11/10ASHLAND GLOBAL : reports preliminary financial results for fourth quarter of fis..
AQ
11/10Ashland reports preliminary financial results for fourth quarter of fiscal ye..
GL
More news
Financials (USD)
Sales 2021 2 429 M - -
Net income 2021 218 M - -
Net Debt 2021 1 204 M - -
P/E ratio 2021 20,9x
Yield 2021 1,54%
Capitalization 4 517 M 4 517 M -
EV / Sales 2021 2,36x
EV / Sales 2022 2,20x
Nbr of Employees 4 500
Free-Float 99,5%
Chart ASHLAND GLOBAL HOLDINGS INC.
Duration : Period :
Ashland Global Holdings Inc. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ASHLAND GLOBAL HOLDINGS INC.
Short TermMid-TermLong Term
TrendsNeutralBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 11
Average target price 90,73 $
Last Close Price 74,57 $
Spread / Highest target 44,8%
Spread / Average Target 21,7%
Spread / Lowest Target 7,28%
EPS Revisions
Managers
NameTitle
Guillermo Novo Chairman & Chief Executive Officer
Keith C. Silverman Senior VP-Global Operations & Quality
J. Kevin Willis Chief Financial Officer & Senior Vice President
Anne T. Schumann Chief HR & IT Officer, Senior Vice President
Osama M. Musa Chief Technology Officer & Senior Vice President
Sector and Competitors
1st jan.Capitalization (M$)
ASHLAND GLOBAL HOLDINGS INC.-2.56%4 517
SHIN-ETSU CHEMICAL CO., LTD.46.97%70 085
BASF SE-9.47%67 657
DUPONT DE NEMOURS, INC.-0.37%46 621
ROYAL DSM N.V.17.74%27 942
FMC CORPORATION19.14%15 432