Ashland to increase prices on several paint and coatings additives

shareholder.com
09/20/2016
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WILMINGTON, DE – Ashland Inc. (NYSE: ASH) will increase global prices by 5 percent
for its Aquaflow™ nonionic synthetic associative thickeners; Strodex™, Dextrol™ and
Zenix™ phosphate ester surfactants; Advantage™ and Drewplus™ foam control agents;
and pHLEX™ pH neutralizers. The increases are effective October 1 or as contracts
allow.
This action is driven by manufacturing infrastructure needs, as well as escalating raw
materials regulatory compliance costs. Recovering these costs allows Ashland to ensure
continuity of supply supporting customers’ growth and to continue to provide customers
with the premium level services they currently receive.
Ashland’s additives are used in waterborne paints and coatings, as well as in numerous
specialty coatings and industrial products.

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