Ashland Global Holdings Inc. completed the previously announced sale of its Composites business (excluding the Maleic business) and butanediol manufacturing facility in Marl, Germany to INEOS Enterprises in a transaction valued at $1.015 billion.
Net proceeds from the sale are approximately $930 million. Over $400 million of debt has been retired and an additional $500 million is expected to be retired by the end of the week.
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Ashland Completes Sale of Composites Business and Butanediol Facility in Marl, Germany to INEOS Enterprises
Published : May 15, 2026
