Ashland

Wilmington, United States Founded: 1924 • Age: 102 yrs Acquired By Kinperium Industries
Ashland is recognized for providing specialty chemicals and solutions.

About Ashland

Ashland is a company based in Wilmington (United States) founded in 1924 was acquired by Kinperium Industries in February 2022. It operates as a B2B2C, and Reseller / Distribution. The company has 3,200 employees as of September 30, 2024. Ashland has completed 5 acquisitions, including Fabrika Maziva FAM, International Specialty Products and Northwest Coatings. Ashland offers products and services including Specialty Additives, Biofunctionals, and Film Coating Systems.

  • Headquarter Wilmington, United States
  • Employees 3200 as on 30 Sep, 2024
  • Stage Public
  • Sectors
    Chemicals & Materials
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Ashland Inc.
Operational Areas
Chemicals & Materials → Specialty & Industrial Chemicals
Key Metrics
  • Annual Revenue
    $1.82 B
    -13.68
    as on Sep 30, 2025
  • Net Profit
    $-845 M
    -600
    as on Sep 30, 2025
  • EBITDA
    $386 M
    -13.06
    as on Sep 30, 2025
  • Latest Funding Round
    $323.57 K (USD), Grant

    Jan 01, 2020

  • Investors
  • Employee Count
    3200

    as on Sep 30, 2024

  • Investments & Acquisitions
  • Acquired by
    Kinperium Industries

    (Feb 25, 2022)

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IPO & Listings of Ashland

Ashland is a publicly listed company on the NYSE with ticker symbol ASH in USA, operating in the Consumer non-durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NYSE · Ticker: ASH . Sector: Consumer non-durables · USA

Products & Services of Ashland

Ashland offers a comprehensive portfolio of products and services, including Specialty Additives, Biofunctionals, and Film Coating Systems. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Specialty additives are developed for industrial application needs.

Biofunctionals are formulated for personal care product enhancement.

Film coating systems are provided for pharmaceutical dosage forms.

People of Ashland
Headcount 10000+
Employee Profiles 107
Board Members and Advisors 7
Employee Profiles
People
Guillermo Novo
Chairman and CEO, Ashland
People
J. Kevin Willis
SVP & CFO
People
Osama M. Musa
SVP & Chief Technology Officer
People
Shawn Branning
Global Business Line Owner - Cyclodextrins & Biopharma

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Board Members and Advisors
people
Jerome A. Peribere
Director
people
Janice J. Teal
Director
people
Steven D. Bishop
Board Member
people
Wetteny Joseph
Director

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Funding Insights of Ashland

  • Total Funding
  • Total Rounds 2
  • Last Round Grant — $323,574
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2020 Amount Grant - Ashland Valuation

investors

Jun, 2005 Amount Private Equity Round - Ashland Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Ashland

Ashland has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include Marathon Petroleum, European Union and Kinperium Industries. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Petroleum products are refined, transported, and marketed by the company.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Ashland

Ashland has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Fabrika Maziva FAM, International Specialty Products and Northwest Coatings. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Customised biomaterial solutions are developed for medical device manufacturers.
2010
Lubricating greases and metalworking products are manufactured.
2008
Limited information available
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Ashland

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Ashland Comparisons

Employees
+
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Competitors of Ashland

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Ashland

When was Ashland founded?

Ashland was founded in 1924 and raised its 1st funding round 81 years after it was founded.

Where is Ashland located?

Ashland is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.

Who is the current CEO of Ashland?

Guillermo Novo is the current CEO of Ashland.

How many employees does Ashland have?

As of Sep 30, 2024, the latest employee count at Ashland is 3,200.

What is the annual revenue of Ashland?

Annual revenue of Ashland is $1.82B as on Sep 30, 2025.

What does Ashland do?

Ashland is engaged in the development and supply of specialty chemicals and innovative solutions across multiple industries. Operations are focused on sectors such as life sciences, personal care, pharmaceuticals, and performance specialties. Products and services are tailored for applications in crop care, construction, energy, food and beverage, medical, paints, and coatings. Research and development efforts are emphasized to create sustainable and advanced technologies. Solutions are provided to enhance customer product efficacy, usability, and profitability while maintaining environmental responsibility.

What products or services does Ashland offer?

Ashland offers Specialty Additives, Biofunctionals, and Film Coating Systems.

Is Ashland publicly traded?

Yes, Ashland is publicly traded on NYSE under the ticker symbol ASH.

How many acquisitions has Ashland made?

Ashland has made 5 acquisitions, including Fabrika Maziva FAM, International Specialty Products, and Northwest Coatings.

Who are Ashland's investors?

Ashland has 3 investors. Key investors include Marathon Petroleum, European Union, and Kinperium Industries.

What is Ashland's ticker symbol?

The ticker symbol of Ashland is ASH on NYSE.

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