All About Ashland: A Thriving Company and University Town

The name Ashland is shared by both a successful global company and a reputable university town in Ohio. While distinct the city and company are intertwined through their Midwestern roots and values of innovation. This article explores the origins offerings, and community impact of the Ashland corporation and university.

Ashland Inc. – Specialty Chemical Company

Founded in 1924, Ashland Inc. is a leading global specialty chemicals provider serving industries from pharmaceuticals to construction. The company is headquartered in Wilmington, Delaware and has over 4,000 employees worldwide.

Ashland’s specialty chemicals and solutions enhance the efficacy, usability, allure, integrity and profitability of customer products and applications. Key business segments include life sciences, personal care, specialty additives, and performance materials.

Major product categories include cellulose derivatives, vinyl ethers, maleic anhydrides, superabsorbents, bioresorbables, encapsulates, and specialty resins Ashland serves thousands of customers across more than 100 countries

In 2019, Ashland announced plans to separate its specialty chemicals business from its previous petroleum refining operations. This allowed the company to focus investments into high-margin specialty chemicals while divesting its lower-margin Valvoline motor oil business.

As an independent company focused on specialty chemicals, Ashland looks to leverage its expertise in applied chemistry to solve complex problems for customers and continue growing

Commitment to Sustainability

A core tenet of Ashland’s business strategy is a commitment to sustainability and responsible operations. The company is a 12-timewinner of the American Chemistry Council Responsible Care Company of the Year award.

Key sustainability initiatives at Ashland include:

  • Setting science-based targets to reduce greenhouse gas emissions in line with Paris Agreement goals.

  • Increasing use of renewable raw materials in products. Over 20% of raw materials used are now bio-based or recycled content.

  • Promoting resource conservation, waste reduction and recycling at facilities worldwide.

  • Partnering with leading environmental groups on conservation projects.

  • Maintaining transparency through annual sustainability reports.

Ashland aims to integrate sustainable practices throughout its global supply chains and business activities to reduce environmental impacts.

Ashland University – Liberal Arts Institution

Ashland University is a private, non-profit liberal arts university located in the city of Ashland, Ohio. Founded in 1878, the university has over 30 undergraduate majors and several graduate programs.

The main Ashland University campus covers over 250 acres and has major classroom and administration buildings, athletics facilities, dining halls, dormitories, a library, and green spaces. Total enrollment is around 3,600 students, with a 13:1 student-faculty ratio.

Ashland offers bachelor’s degrees across liberal arts disciplines like business, education, nursing, criminal justice, and design. There are master’s programs in business, education, nursing, and seminary studies. The school has a strong reputation for teacher education.

The university competesin NCAA Division II athletics as the Ashland Eagles. Sports teams include football, basketball, cross country, tennis, lacrosse, and more.

Engaged University Community

Ashland University aims to provide an intimate, engaged learning experience where students can build relationships with faculty mentors.

Over 80 student organizations allow students to get involved in causes and activities matching their interests. Performing arts groups, political clubs, recreational sports, Greek life, and volunteer organizations are among popular extracurriculars.

Recent major campus developments include a $7 million recreation center expansion, a new welcome center, and upgraded science labs. Ashland invests in top-notch academic facilities to support active learning.

The university emphasizes community service through localized partnerships. Students regularly volunteer at area schools, food banks, shelters, conservation projects, and more.

Connections Between Company and University

Despite their distinct histories and missions, the corporation Ashland Inc. and the university Ashland University share local roots and work together to uplift their community.

Ashland Inc. has supported the university through donations to capital campaigns, scholarships for business students, and recruiting alumni. Company executives serve on the university’s board of trustees.

Conversely, Ashland University interns often work on research projects at Ashland Inc. facilities. Joint academic-industry initiatives aim to foster innovation.

Both institutions value ethics, social responsibility, and environmental awareness. They collaborate to enrich student experiences and the regional economy.

The city of Ashland takes pride in both its longstanding university and the thriving global company that adopted its name. This brand association reinforces Ashland’s reputation as a hub of research, technology, and opportunity.

Looking to the Future

As Ashland Inc. plans for growth in specialty chemicals and Ashland University works to enhance student outcomes, both organizations remain committed to their Midwestern foundations.

By upholding founder Eli Ashland’s motto “The best is none too good for Ashland,” they aim to keep driving progress through applied chemistry and liberal arts education. Partnerships and community engagement will remain central.

The Ashland name has meant quality, innovation, and social responsibility for over a century, and this joint legacy will continue shaping the company, university, and city in the future.

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FAQ

What is Ashland or known for?

Home to the world-famous Oregon Shakespeare Festival and ranked in the top 10 of “The 100 Best Small Art Towns in America,” Ashland is a cultural hot spot, with award-winning galleries, theaters and restaurants bursting from its seams.

Is it expensive to live in Ashland Oregon?

Based on our Ashland cost of living calculator, Ashland is 2% more expensive than the national average and 3% less expensive to live in than the average city in Oregon. This assumes a $72,000 annual salary and a 2 Bedroom Apt. Food costs in Ashland are more affordable than average in the United States.

What does Ashland company do?

Ashland Inc. operates as a consumer market-focused additives and specialty ingredients company. The Company produces and distributes a wide range of diversified chemicals and thermoplastic resins.

What is Ashland, OH known for?

The industry that Gill developed in Ashland led to the city becoming known as “the balloon capital of the world.” Ashland still celebrates its balloon heritage with its annual BalloonFest. Ashland was designated a Tree City USA by the National Arbor Day Foundation in 1984.

What does Ashland stand for?

Ashland Global Holdings Inc. (NYSE: ASH) is a premier global specialty materials company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical.

What is the Ashland brand?

The Ashland brand is our promise to our stakeholders. It is what we stand for and as we go to market around the world, we are essentially making a promise about what it will be like to work with us, and what we can accomplish together. what do we promise?

Who is Ashland Global Holdings?

Ashland Global Holdings Inc. (NYSE: ASH) is a premier specialty materials company with a conscious and proactive mindset for sustainability.

Who is Ashland?

At Ashland, we are approximately 3,900 passionate, tenacious solvers who thrive on developing practical, innovative, and elegant solutions to complex problems for customers in more than 100 countries. Our purpose is to responsibly solve for a better world, and we do this by providing creative innovations through science.

What is Ashland Oregon known for?

The city is the home of Southern Oregon University (SOU) and the Oregon Shakespeare Festival (OSF). These are important to Ashland’s economy, which also depends on restaurants, galleries, and retail stores that cater to tourists.

Where is Ashland Oregon located?

Ashland is a city in Jackson County, Oregon, United States. It lies along Interstate 5 approximately 16 miles (26 km) north of the California border and near the south end of the Rogue Valley. The city’s population was 21,360 at the 2020 census. The city is the home of Southern Oregon University (SOU) and the Oregon Shakespeare Festival (OSF).

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