About Ashland
Ashland is a publicly listed company based in Wilmington (United States) founded in 1924, and was acquired by Kinperium Industries in February 2022. Ashland is recognized for providing specialty chemicals and solutions. It operates on a B2B2C and Reseller / Distribution model. The company has 3,200 employees. Ashland has completed 5 acquisitions, including Fabrika Maziva FAM, International Specialty Products and Northwest Coatings. Its chief executive, as recorded, is Guillermo Novo. Its website ashland.com draws about 78 thousand monthly visits. Its Indian entity Ashland India Private Limited reported revenue of ₹223 Cr. Ashland offers products and services including Specialty Additives, Biofunctionals, and Film Coating Systems. Its focus areas include Chemicals, Specialty Chemicals, Additives and Healthcare.
Company details
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.
- Headquarters Wilmington, United States
- Employees 3,200
- Stage Public
- SectorsChemicals & Materials
- Website category Heavy Industry and Engineering · Chemical Industry
- Email••••••••
- Phone•••• ••••
- Website ashland.com
- Social LinkedIn X Facebook YouTube
- Acquired by Kinperium Industries (Feb 2022)
- Legal Name Ashland Inc.
- Indian entity revenue₹223 Cr
FY 2025 · +31% YoY
- Indian entity net profit₹7.17 Cr
FY 2025 · 3% margin
- Indian entity EBITDA₹18.92 Cr
FY 2025 · 8% margin
- Latest Funding Round$323.57K (USD), Grant
Jan 2020
- InvestorsMarathon Petroleum
& 2 more
- Employee Count3,200
- Investments & AcquisitionsFabrika Maziva FAM
& 4 more
- Acquired byKinperium Industries
(Feb 2022)
Associated legal entities of Ashland
Ashland is associated with 2 registered companies on The Company Check; the primary company is Ashland India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ashland India Private Limited CIN U82990MH2007FTC172506 | Active | 19 Jul 2007 | Mumbai, Maharashtra | ₹223 Cr | 75 | 3 | View details |
| Ashland India Private Limited CIN U24100MH2007FTC172506 | Active | 19 Jul 2007 | Mumbai, Maharashtra, India | View details |
Products & Services of Ashland
Ashland offers a comprehensive portfolio of products and services, including Specialty Additives, Biofunctionals, and Film Coating Systems.
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.
Apps and channels of Ashland
its YouTube channel Valvoline Global Operations has 1.26M subscribers and 30 videos.
Videos from Ashland
The most watched videos on Ashland's YouTube channel, Valvoline Global Operations (1.26M subscribers). Click a video to play it here.
More on Valvoline Global Operations.
Funding Insights of Ashland
- Total Rounds 2
- Last Round Grant — $323,574
- Investors Count 2
All 2 funding rounds of Ashland with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2020 | $323,574 | Grant | – | – | |
| Jun 2005 | Private Equity Round | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Petroleum products are refined, transported, and marketed by the company. | 1887 | marathonpetroleum.com | Findlay, United States | |
| kinperium.com |
Investor details for Ashland
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Board of directors of Ashland India Private Limited (Ashland)
Ashland India Private Limited is the primary company behind Ashland. The board of Ashland India Private Limited currently have 2 directors; the longest-serving is Milind Chandrakant Mandlik, appointed in 2020. 19 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Milind Chandrakant Mandlik DIN 08830591 | Whole-time director | 08 Sep 2020 | 6 yrs 1 mo | Ashland India Private Limited |
| Saju Joseph DIN 07029356 | Managing Director | 01 Feb 2024 | 2 yrs 8 mo | Ashland India Private Limited |
People of Ashland
114 people are tracked at Ashland (37 in leadership, 7 in board & advisors, 70 in team); the tracked headcount is 3,200.
| Name | Role | Group |
|---|---|---|
Guillermo Novo | CEO | Leadership |
Ira Hariono | Sales Director, Nutrition & Nutraceutical, ROA | Leadership |
J. Kevin Willis | SVP & CFO | Leadership |
Osama M. Musa | SVP & Chief Technology Officer | Leadership |
Kate Schwoyer | Global Supply Chain Director | Leadership |
Robert Burgman | Director Of Engineering | Leadership |
Eileen Drury | SVP, Chief Human Resources Officer | Leadership |
Deneen Law | Director, Global Marketing & Innovation, Pharmaceutical Specialties - Fine Chemicals Business Leader | Leadership |
Keyana Hughes | Global Director Of Manufacturing | Leadership |
Sailesh Mullapudi | Global Supply Chain Director, Specialty Additives & APAC Leader | Leadership |
Galder Cristobal | Senior Director - Global Research & Development - Personal Care | Leadership |
Jerome Covey | Director Of Product Management, Life Science | Leadership |
Logan Sturgill | Senior Director, Life Sciences | Leadership |
Bob Schuetter | Chief Information Security Officer | Leadership |
Richard Kuo | Vice President, Strategy, M&a And Portfolio Management | Leadership |
Richard Giles | Global Marketing Director - Hair Care | Leadership |
Joel Mantelin | Global Marketing Director Personal Care | Leadership |
Jean J. Gulka | Business Director, Agrochemicals Market | Leadership |
Carolmarie Brown | Vice President Corporate Affairs, Global Marketing, Brand And Business Communications | Leadership |
Pat Brueggman | Vice President / General Manager, Personal Care, Skin Care | Leadership |
94 more people are available in the full profile.
Complete people profiles for Ashland
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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.
- IPO date02 Jan 2024
- Listed onNYSE: ASH
- Listed entityAshland Inc.
- Exchange sectorConsumer non-durables
- ISINUS0441861046
- Share price$72.65 (+2.64% on the day) · 2026-10-13
- Market capitalisation$3.33B
- Price to earnings64.3
- EPS (diluted, trailing year)$1.13
- Dividend yield2.3%
- Volume (last session)388,855
Financials of Ashland
Figures of Ashland India Private Limited, the primary company behind Ashland, for FY 2025. Revenue was ₹223 Cr (+31% year on year). Net profit was ₹7.17 Cr (3% margin). EBITDA was ₹18.92 Cr (8% margin). Revenue has grown at a compounded annual rate of +16% over three years and -3% over five years.
- ₹223 CrRevenue · FY 2025 · +31% YoY
- ₹7.17 CrNet profit · 3% margin
- ₹18.92 CrEBITDA · 8% margin
- ₹98.65 CrPaid-up capital
- 75Employees (provident fund records)
- +16%Revenue CAGR, 3 years
- -3%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $1.82B | -$845.0M | $386.0M |
| 2024 | $2.11B | $169.0M | $444.0M |
| 2023 | $2.19B | $178.0M | $468.0M |
| 2022 | $2.39B | -$136.0M | $640.0M |
| 2021 | $2.11B | $223.0M | $480.0M |
Balance sheet, profit and loss, cash flow and ratios of Ashland India Private Limited are on its company page.
Detailed financial statements for Ashland
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Lubricating greases and metalworking products are manufactured. | fam.co.rs | Krusevac, Serbia | 2008 | Feb 2019 | $10.78M | |
Customised biomaterial solutions are developed for medical device manufacturers. | vornia.com | Galway, Ireland | 2010 | Jan 2018 | $12M | |
Nutraceutical ingredients are manufactured, including branded and specialty categories. | pharmachemlabs.com | Kearny, United States | 1979 | Apr 2017 | $660M | |
Limited information available | ispcorp.com | Wayne, United States | 2003 | Aug 2011 | $3.2B | |
Adhesive coatings are developed and manufactured using polymerization technologies. | northwestcoatings.com | Oak Creek, United States | 1970 | Oct 2006 | $72M |
Complete acquisition details for Ashland
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Timeline of Ashland
10 dated milestones of Ashland across 100 years, from founding to its latest funding, stage changes and deals.
- Founded Ashland is founded.
- Funding First funding round.
- Acquisition Acquires Northwest Coatings.
- Acquisition Acquires International Specialty Products.
- Acquisition Acquires Pharmachem Labratories.
- Acquisition Acquires Vornia Biomaterials.
- Acquisition Acquires Fabrika Maziva FAM.
- Funding Latest funding round, Grant, of $324K.
- Exit Acquired by Kinperium Industries.
- IPO Lists on the stock exchange (IPO).
Web traffic of Ashland
The website of Ashland (ashland.com) receives about 78.5K visits a month and ranks #466,381 among all websites worldwide, #6,154 in Chemical Industry.
- Monthly visits78.5K
▼ 3.8% vs previous month
- Unique visitors36K
per month
- Global rank#466,381
among all websites
- Category rank#6,154
Heavy Industry and Engineering · Chemical Industry
- Bounce rate43%
- Pages per visit1.8
- Average visit30 sec
- DevicesDesktop 38% · Mobile 62%
Websites whose visitors overlap most with Ashland. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| airproducts.com | 100% | 137.2K | #317,041 | View details | |
| nexeosolutions.com | 99% | View details | |||
| solutia.com | 90% | View details | |||
| dow.com | 86% | 468.9K | #108,232 | View details | |
| charkit.com | 79% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 16 similar websites and full traffic analytics for Ashland
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Top companies in Core & Diversified Chemicals
3 companies that operate in the same segment as Ashland (Core & Diversified Chemicals) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Chemical materials are designed and applied across industrial sectors. | 2004 | United States | USD 10.66 B | 21,080 | ||
Chemicals and ingredients are distributed globally by Univar Solutions. | 1924 | Downers Grove, Illinois, United States | USD 38.38 M | USD 832.6 M | ||
Multiple sectors are invested in by this private equity firm. | 1920 | Kingsport, Tennessee, United States | USD 8.76 B | 14,000 |
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Related news about Ashland
Complete news archive for Ashland
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Frequently Asked Questions about Ashland
Ashland was founded in 1924 and raised its 1st funding round 81 years after it was founded.
Ashland is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Guillermo Novo is the CEO of Ashland, as recorded in our data.
Ashland has 3,200 employees.
The primary company behind Ashland, Ashland India Private Limited, reported revenue of ₹223 Cr for FY 2025, up 31% year on year.
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.
Ashland offers Specialty Additives, Biofunctionals, and Film Coating Systems.
Yes, Ashland is publicly traded on NYSE under the ticker symbol ASH.
Ashland has made 5 acquisitions, including Fabrika Maziva FAM, International Specialty Products, and Northwest Coatings.
Ashland has 3 investors. Key investors include Marathon Petroleum, European Union, and Kinperium Industries.
Ashland operates through Ashland India Private Limited.
Yes. Ashland was acquired by Kinperium Industries in February 2022.