Environmental Record
Researchers at the University of Massachusetts Amherst identified Ashland as the 50th-largest corporate producer of air pollution in the United States, with roughly 238,000 pounds of toxic chemicals released into the air in 2002. Major pollutants indicated by the study included chromium compounds, polycyclic aromatic compounds, diisocyanate, manganese, and nickel. However, this data is based upon old assumptions. Since the study, overall corporate emissions have been reduced by approximately 70% due to the re-organization and sale of some divisions of the company. This includes the sale of the coal division which operated a coal-fired power plant in Pennsylvania, as well as the paving division which operated numerous asphalt plants. Ashland had an oil spill in 1988 that spilled into the nearby river.
Read more about this topic: Ashland Inc.
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