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Ashland announces composites distribution agreement with GRPMS covering Finland

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10/05/2010

Ashland announces composites distribution agreement with GRPMS covering Finland

Ashland announces composites distribution agreement with GRPMS covering Finland

BARCELONA, Spain – Ashland Performance Materials, a commercial unit of Ashland Inc. (NYSE: ASH), announced a new distribution agreement with GRPMS to cover Finland. GRPMS, an UMECO company, is currently the distributor for Ashland’s complete portfolio of high-performance composites products to manufacturers in the UK, Scandinavia and Estonia.

Under the new agreement, which became effective Oct. 1, GRPMS will distribute Ashland’s full line of polyester, vinyl ester, acrylic and phenolic resins, premium gelcoats and low-profile additives to the Finnish composites market.

“We are pleased to continue to build on our successful partnership with GRPMS to deliver Ashland’s industry-leading technologies and services to composites manufacturers in Finland,” said Stefan Osterwind, commercial director, Ashland Performance Materials, EMEA and India. “GRPMS is well established as a leading distributor serving the European composites market, and we are jointly committed to driving innovation in today’s, and tomorrow’s, composites applications within the marine, building and construction, automotive and wind energy industries.”

For more information about Ashland’s composites products and services available in Finland, please contact:
• Anthony Bibby
Managing Director, GRPMS
Tel: 44 1329 225200
E-mail: tony.bibby@grpms.com

• Brian Harpur
Commercial Director, GRPMS
Tel: 44 1329 225200
E-mail:brian.harpur@grpms.com

Ashland Performance Materials is the global leader in unsaturated polyester resins and vinyl ester resins. In addition, it provides customers with leading technologies in gelcoats, pressure-sensitive and structural adhesives, and metal casting consumables and design services.

Ashland Inc. (NYSE: ASH) provides specialty chemical products, services and solutions for many of the world’s most essential industries. Serving customers in more than 100 countries, it operates through five commercial units: Ashland Aqualon Functional Ingredients, Ashland Hercules Water Technologies, Ashland Performance Materials, Ashland Consumer Markets (Valvoline) and Ashland Distribution. To learn more about Ashland, visit www.ashland.com



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