|ASH Description: Ashland Inc. operates as a specialty chemicals company worldwide. It operates through three segments: Specialty Ingredients, Performance Materials, and Valvoline. The Specialty Ingredients segment provides products, technologies, and resources for solving formulation and product-performance challenges. It offers solutions using natural, synthetic, and semisynthetic polymers derived from plant and seed extract, cellulose ethers, vinyl pyrrolidones, and acrylic polymers, as well as polyester and polyurethane-based adhesives. This segment serves pharmaceutical companies; makers of personal care products, food, and beverages; manufacturers of paint, coatings, and construction materials; packaging and converting markets; and oilfield service companies. The Performance Materials segment offers composites, such as polyester and vinyl ester resins, gelcoats, molten maleic anhydride, and low-profile additives; and intermediates and solvents, including 1,4 butanediol, tetrahydrofuran, and n-methylpyrrolidone. This segment serves manufacturers of residential and commercial building products; industrial product specifiers and manufacturers; wind blade manufacturers; pipe manufacturers; automotive and truck OEM suppliers; boatbuilders; chemical producers; and electronics makers. The Valvoline segment produces and distributes automotive, commercial, and industrial lubricants, and automotive chemicals. It offers lubricants and automotive chemicals under the Valvoline brand; lubricants for cars with higher mileage engines under the MaxLife brand; synthetic motor oil under the SynPower brand; and antifreeze products under the Zerex brand. This segment also operates and franchises approximately 940 Valvoline Instant Oil Change centers in the United States. The company was founded in 1924 and is headquartered in Covington, Kentucky.