Ashland Casting Solutions Names Negoro Commercial Director of Asia


DUBLIN, Ohio - Shigeo Negoro has been named commercial director of Asia for Ashland Casting Solutions, a business group of Ashland Performance Materials, a division of Ashland Inc. (NYSE: ASH). Negoro will report to Mike Swartzlander, general manager of Casting Solutions, and vice president, Ashland Performance Materials.

Negoro, a native of Tokyo, joined Hodogaya Chemical Company Ltd. in 1970, serving the company with increasing responsibilities until being named president of the Hodogaya Ashland Company Ltd. joint venture in 2001. Ashland's recent acquisition of Hodogaya's joint venture shares provided the opportunity for Negoro to also head the newly formed Ashland Casting Solutions Japan, as part of his role as commercial director.

"I am extremely pleased to make this announcement," said Mike Swartzlander. "Shigeo brings a wealth of experience to Ashland, and we look forward to him joining our castings leadership team as we expand our operations in the Asia region."

Ashland Casting Solutions 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) is a diversified, global chemical company providing innovative products, services and solutions to customers in more than 100 countries. 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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