UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 27, 2006
ASHLAND INC.
(Exact Name of Registrant as Specified in its Charter)
Kentucky
(State or Other Jurisdiction of Incorporation)
1-32532 20-0865835
(Commission File Number) (I.R.S. Employer
Identification No.)
50 E. RiverCenter Boulevard, Covington, Kentucky 41011
(Address of Principal Executive Offices) (Zip Code)
P.O. Box 391, Covington, Kentucky 41012-0391
(Mailing Address) (Zip Code)
Registrant's telephone number, including area code: (859) 815-3333
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
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Item 8.01. Other Events
Today, Ashland Inc. announced that on October 27, it signed a
definitive agreement to purchase the assets of Northwest Coatings of Oak
Creek, Wisconsin, a formulator and manufacturer of adhesives and coatings
employing ultra-violet and electron beam (UV/EB) polymerization
technologies. Northwest Coatings is a holding of Caltius Equity partners.
The transaction, which includes production facilities in Milwaukee,
Wisconsin and Greensboro, North Carolina, is valued at approximately $72
million. The closing, which is anticipated to take place before the end of
2006, is dependent upon a number of standard closing conditions, including
regulatory review.
The proposed transaction is further described in the press release
attached hereto as Exhibit 99.1, and incorporated by reference herein.
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Item 9.01. Financial Statements and Exhibits
(d) Exhibits
99.1 Press release dated October 30, 2006
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.
ASHLAND INC.
-----------------------------------------
(Registrant)
Date: October 30, 2006 /s/ J. Marvin Quin
-----------------------------------------
Name: J. Marvin Quin
Title: Senior Vice President
and Chief Financial Officer
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EXHIBIT INDEX
99.1 Press release dated October 30, 2006
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