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Ashland Inc.


Covington, Ky.

Ashland is a transportation construction, chemical, and energy company. It maintains operations in more than 120 countries around the world Its operations include four wholly owned divisions: Ashland Paving And Construction (APAC APAC Australian Partnership for Advanced Computing
APAC Agricultural Policy Analysis Center
APAC Asia and Pacific
APAC Asian Pacific American Coalition
APAC Adapted Physical Activity Council (American Alliance for Health) 
[R]). Ashland Distribution, Ashland Specialty Chemical and Valvoline. In addition, it owns 38 percent of Marathon Ashland Petroleum LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, the nation's sixth largest refiner and marketer of petroleum products.

Chief risk executive: David Huff, Corporate Insurance Director

CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. : James J. O'Brien Jr.

CFO See Chief Financial Officer. : J. Marvin Quin

Board audit chair: W. L. Rouse, Jr.

Total revenue: $7,518.0 million

Net income: $75.0 million

Number of employees: 22,500

Primary broker: Marsh

Captives: Ashmont Insurance Co. Inc. (Vermont); Bluegrass Insurance Co. Ltd. (Bermuda) Risk exposures: Domestic and international political, legislative, regulatory and legal changes, changes in OPEC OPEC: see Organization of Petroleum Exporting Countries.
OPEC
 in full Organization of the Petroleum Exporting Countries

Multinational organization established in 1960 to coordinate the petroleum production and export policies of its
 policies or other developments involving or affecting oil-producing countries, including terrorist activities, military conflict, embargoes, or internal instability; changes in climate and weather

Risk strategies: Ashland maintains reserves for anticipated liabilities and carries various levels of insurance
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Copyright 2004 Gale, Cengage Learning. All rights reserved.

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Title Annotation:Industry risk report: chemical manufacturing
Publication:Risk & Insurance
Date:Jun 1, 2004
Words:168
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