Ashland
Industry: Construction Services
Fortune Rank: 280
Ashland Inc. distributes industrial chemicals and solvents, markets Valvoline motor oil and automotive chemicals, performs contract construction work, and operates crude oil refineries. For the 9 months ended 6/30/05, revenues rose 16% to $7.31B. Net income from continuing ops. rose from $195M to $1.89B. Revenues reflect higher sales volumes and sales price increases at Ashland Distribution. Net income also reflects increased equity income from MAP.
Ashland Inc. is a diversified business company that operates in five industry segments: The Ashland Paving And Construction, Inc. group of companies (APAC), Ashland Distribution, Ashland Specialty Chemical, Valvoline and Refining and Marketing. APAC performs asphalt and concrete contract construction work, including highway paving and repair, excavation and grading and bridge construction, and produces asphaltic and ready-mix concrete, crushed stone and other aggregate in the southern and mid-continent United States. Ashland Distribution distributes industrial chemicals and solvents, plastics, composite materials and fine ingredients in North America and plastics in Europe. On March 19, 2004, it signed an agreement to transfer its 38% interest in Marathon Ashland Petroleum LLC (MAP) and two wholly owned businesses to Marathon Oil Company. In December 2004, Ashland Composite Polymers, purchased the DERAKANE epoxy vinyl ester resin business from The Dow Chemical Company.
Ashland
Ashland is a Fortune 500 company. In 2010 Ashland was ranked number 280 on the Fortune 500 list, making it the 280th largest company in the United States when judged by revenue.
Ashland achieved revenue of $8,106.00 million in 2010 and earned a profit of $71.00 million.
Ashland' rank improves
The company ranking improved in 2010, moving up the Fortune 500 list to 280th compared to 310th in 2009. This was based on its 2009 revenue of $8,381 million (a change of 0 million compared to 2010) and profits of $167 million (a change of $-96 million compared to 2009).
Another point of view
To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Ashland would be ranked 369th rather than 280th due to its profits of $71 in 2010.
Ashland | Revenue* | Profit* | Fortune Ranking |
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2010 | 8,106 | 71 | 280 |
2009 | 8,381 | 167 | 310 |
2008 | 7,834 | 230 | 322 |
2007 | 10,007 | 407 | 248 |
2006 | 9,860 | 2,004 | 239 |
* US$ Million
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Address
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Ashland
50 E. RiverCenter Blvd
Covington
KY
41012
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Ashland
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Contact Details
- Phone: 859-815-3333
- Fax: 859-815-3559
- Website: www.ashland.com
- Stock Symbol: ASH
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