Ashland Gets Remaining Regulatory Approvals for Selling Its Composites Business and Butanediol Facility in Marl, Germany to INEOS Enterprises

August 19 2019

Ashland Global Holdings Inc. has received the remaining regulatory approvals needed to close the previously declared sale of certain assets of Ashland’s Composites business and butanediol facility in Marl, Germany to INEOS Enterprises Holdings Limited. Ashland and INEOS are working together to close the transaction as soon as possible in accordance with the Stock and Asset Purchase Agreement and continue to expect a closing in the late summer of 2019.

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