Monday, April 14, 2008

Business: Ashland distribution expands China market presence

Dublin, Ohio (ANTARA News/PRNewswire-AsiaNet) - In support of its geographic expansion strategy, Ashland Distribution, a division of Ashland Inc. (NYSE: ASH), has increased its logistics capabilities to better serve the growing China market.


Utilizing facilities located in key manufacturing areas, Ashland Distribution's China operations are providing customers with a complete line of branded thermoplastic resins.

"Ashland Distribution has an excellent reputation and position in the plastics and chemicals marketplace in North America and Europe," said Larry Hunt, commercial director, Ashland Distribution China.

"A key element of our strategic plan now is to expand geographically into higher growth regions such as China. We are building a thriving business here, leveraging our knowledge of the chemical/plastics markets, our global supplier network, and our large customer base to create value for our customers in China."

"We are excited to expand Ashland's distribution business in China. All four of Ashland's divisions are now operating in China, and as such, we are able to leverage a new level of products and services for our customers," said Dale MacDonald, president, Ashland China.

Customers interested in contacting Ashland Distribution China should contact Sara Pan at Ashland China Customer Service Department at +86-21-2402-4958, or by sending an e-mail to Buu Han at bhan@ashland.com.

Ashland Distribution, a division of Ashland Inc., is a leading distributor of chemicals, plastics, composite materials and environmental services. Suppliers include many of the world's leading chemicals manufacturers. Ashland Distribution specializes in providing mixed truckloads and less-than-truckload quantities to customers in a wide range of industries.

Ashland China employs more than 400 people and has offices in Shanghai and Beijing, and manufacturing facilities in Beijing, Changzhou, Kunshan and Nanjing.

Ashland Inc. (NYSE: ASH), a diversified, global chemical company, provides quality products, services and solutions to customers in more than 100 countries.

A FORTUNE 500 company, it operates through four divisions: Ashland Performance Materials, Ashland Distribution, Valvoline and Ashland Water Technologies. To learn more about Ashland, visit www.ashland.com.

SOURCE: Ashland Inc.
CONTACT: Ken Gordon, Media Relations,
+1-614-790-1832,
kdgordon@ashland.com, or Helen Pei,
+86-21-2402-4863,
bpei@ashland.com, both of Ashland Inc. Company News On-Call:
http://www.prnewswire.com/comp/065263.html
Photo: NewsCom: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
Web site: http://www.ashland.com

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