Ashland Casting Solutions Expands European Presence


12/1/2006

DUBLIN, Ohio - Responding to demand from European metal casters, Ashland Casting Solutions, a business group of Ashland Performance Materials, a division of Ashland Inc. (NYSE: ASH), opened a new office in Ashland's existing facilities near Frankfurt, Germany. The expansion will serve customers in Germany, Scandinavia and Eastern Europe with the latest technologies in binders, coatings, design services and more.
"Our new capabilities and added resources in Europe allow us to better serve our customers who are operating metal casting facilities in several global regions," said Mike Swartzlander, vice president, Ashland Performance Materials, and general manager, Ashland Casting Solutions.

"Although we have had a presence in Europe for many years, our expanded operations will result in closer relationships and bring bottom-line value to our customers," said Ruben Bake, newly appointed commercial director, Northern and Eastern Europe. "From this location we are strategically positioned to bring our design services and other products to metal casters located in the European region." For additional information, contact Ashland Casting Solutions, Offenbach, Germany, at +49 (0) 69 989 449 22.

Ashland Casting Solutions, a business group of Ashland Performance Materials, is a leader in supplying products, processes, services and technologies to the global metal casting marketplace.

Ashland Performance Materials is a worldwide manufacturer and supplier of specialty chemicals and customized services to the building and construction, packaging and converting, transportation, marine and metal casting industries. It is a technology leader in metal casting consumables and design services; unsaturated polyester and vinyl ester resins and gelcoats; and high-performance adhesives and specialty resins.

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 wholly owned divisions: Ashland Performance Materials, Ashland Distribution, Valvoline and Ashland Water Technologies. To learn more about Ashland, visit www.ashland.com

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