Ashland declares force majeure in Europe on 1.4 butanediol, tetrahydrofuran and formaldehyde after fire shuts down production at manufacturing facility in Marl, Germany

ID: 1517278
recent pressrelease next pressrelease

(Thomson Reuters ONE) -


COVINGTON, Kentucky, August 11, 2017 - Ashland (NYSE: ASH) today announced it
has declared a force majeure in Europe on 1.4 butanediol (BDO), tetrahydrofuran
(THF) and formaldehyde as a result of a fire at its manufacturing facility in
Marl, Germany, that led to the shutdown of production operations on August 10.

Production has been suspended while an investigation into the cause and extent
of the fire takes place. As a result, the Marl facility is currently unable to
produce any 1.4 BDO, THF or formaldehyde, and the availability of product is
significantly reduced.

Ashland is working with affected customers to minimize the impact to their
respective businesses, and will continue to provide updates regarding supply
capability.

About Ashland

Ashland Global Holdings Inc. (NYSE: ASH) is a premier global specialty chemicals
company serving customers in a wide range of consumer and industrial markets,
including adhesives, architectural coatings, automotive, construction, energy,
food and beverage, personal care and pharmaceutical. At Ashland, we are nearly
7,000 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. Visit ashland.com to learn more.



C-ASH



FOR FURTHER INFORMATION:



Investor Relations:

Seth A. Mrozek

+1 (859) 815-3527

samrozek(at)ashland.com



Media Relations:

Gary Rhodes

+1 (859) 815-3047

glrhodes(at)ashland.com




This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.


The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Ashland Inc. via GlobeNewswire






More information:
http://coachhireliverpool.org/ http://www.ashland.com/



Keywords (optional):



Company information / Profile:

PressRelease by

Requests:



PressContact / Agency:



published by: hugin
print pressrelease  send to a friend  

Date: 08/11/2017 - 12:45
Language: English
News-ID 1517278
Character count: 2708
Kontakt-Informationen:
Firma: Ashland Inc.
Ansprechpartner: Feedback to businesspress24.com about Pressrelease-id:
Stadt: Covington
Telefon:

Meldungsart:
Versandart:
Freigabedatum:
Comments:



Number of hits: 772

Linking-Tips:



Direct Link to this PressRelease:






We would appreciate a link in your News-, Press- or Partner-Site.

Comments on this PressRelease






All members: 8 001
Register today: 0
Register yesterday: 1
Members online: 0
Guests online: 53


Don't have an account yet? You can create one. As registered user you have some advantages like theme manager, comments configuration and post comments with your name.