DUBLIN, Ohio, May 8 /PRNewswire-FirstCall/ -- David K. Jones has been
named to a newly created position as director of bioproducts for Ashland
Inc. (NYSE: ASH). The announcement was made by Walter H. Solomon, chief
growth officer, to whom Jones will report.
(Logo: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO )
"We believe we've seen a tipping point in the global market for
bio-based alternatives to petrochemicals," said Solomon, "as a function of
escalating hydrocarbon costs, improvements in bio-conversion technologies
and end-user demand for renewable products. We are already seeing, and
expect to continue to see, extraordinary growth in this market segment, and
as such, Ashland has been developing a strategy to shape the emerging
landscape of bio-based specialty chemicals. Bio's time has come."
Jones joined Ashland in 1984 as a product development chemist in
Specialty Polymers & Adhesives. He then progressed through roles in
technical service, sales, marketing and global business management. His
last role in Specialty Polymers & Adhesives was global director of sales.
In August 2005, he was appointed to the initial growth office team and he
has served as a director in Ashland's growth office since then.
"Dave Jones has already played a very strong role in shaping Ashland's
bio strategy and is a natural fit to lead Ashland's bio-growth platform for
the future," commented Solomon.
Recently Jones received an appointment to the board of the Ohio
BioProducts Innovation Center (OPIC), a new research initiative that
integrates academia and industry toward the development of renewable
specialty chemicals, polymers/plastics and advanced materials.
Jones holds bachelor's degrees in chemistry and chemical engineering
from Purdue University and also has completed the executive development
program at Indiana University's Kelly School of Business.
Ashland Inc., a diversified, global chemical company, provides quality
products, services and solutions to customers in more than 100 countries. A
FORTUNE 500 company, it operates through four divisions: Ashland
Performance Materials, Ashland Distribution, Valvoline and Ashland Water
Technologies. To learn more about Ashland, visit http://www.ashland.com.
FORTUNE 500 is a registered trademark of Time Inc.
SOURCE Ashland Inc.
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Related links:
http://www.ashland.com/
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NewsCom: http://www.newscom.com/cgi-bin/prnh/20040113/ASHLANDLOGO
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PRN Photo Desk, photodesk@prnewswire.com
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CONTACT:
Jim Vitak of Ashland Inc., +1-614-790-3715,
or jevitak@ashland.com
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