Ashland Inc. Temporarily Shuts Production Unit After Kentucky Incident
Ashland Inc., a global leader in additives and specialty ingredients, has encountered an equipment-related incident at its Calvert City, Kentucky manufacturing facility. The incident, which occurred in late 2025, has led to a temporary shutdown of one of its production units. Despite this setback, the company reassures customers and stakeholders that there will be no impact on deliveries or sales commitments during the outage period.
Ashland, under the leadership of CEO Guillermo Novo, serves a diverse range of markets including architectural coatings, construction, energy, food and beverage, personal care, and pharmaceuticals. The company is committed to environmental, social, and governance (ESG) factors, reflecting its global responsibility.
The incident, while unfortunate, is contained within Ashland's upstream operations. The company expects to provide a detailed update during its Q4 earnings release, outlining the progress of repairs and any operational impact. Estimates suggest a minimal Adjusted EBITDA impact in fiscal 2025, with a carryover effect of approximately $10 million in fiscal 2026. The affected unit has been safely shut down, and new equipment is being sourced to restore full functionality. Repairs are expected to be completed during fiscal Q1 2026, primarily due to the lead time required for sourcing parts.
Ashland Inc. (NYSE: ASH) employs approximately 2,960 people worldwide, operating in more than 100 countries. Despite the temporary setback, the company remains committed to its mission, serving customers across various industries. Forward-looking statements are subject to risks and uncertainties, as detailed in Ashland's most recent Annual Report of Form 10-K filed with the SEC.
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