September 1, 2008

ASHLAND INC: Accrues $160M Reserve for Cleanup at Various Sites

COMPANIES: Ashland Inc | Marathon Ashland Petroleum LLC
Subscribe

Ashland Inc., at June 30, 2008, has reserves of US$160 million for environmental remediation at multiple locations, of which US$127 million were classified in other noncurrent liabilities on the Company’s Condensed Consolidated Balance Sheets.

The multiple locations, as of June 30,…

TO CONTINUE READING,LOGIN or
TOPICS: Earnings | Energy | Legal Issues, Litigation | Loans & Financing | Natural Gas | Oil | Power Producers/Utilities | SEC-Qtrly, Annual Reports | Securities & Exch Comm, US
LOCATIONS: Kentucky | North America | United States