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Ashland (ASH) Completes Elastomers Business Sale

December 1, 2014 5:15 PM EST

Ashland (NYSE: ASH) announced it has completed the sale of its elastomers business, based in Port Neches, Texas, to Lion Copolymer Holdings, LLC. Financial terms were not disclosed.

The elastomers business, which primarily serves the North American replacement tire market, accounted for approximately 18 percent of... More