UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                          WASHINGTON, D. C. 20549


                                  FORM 25


                NOTIFICATION OF REMOVAL FROM LISTING AND/OR
                  REGISTRATION UNDER SECTION 12(B) OF THE
                      SECURITIES EXCHANGE ACT OF 1934.


                                       Commission File Number   001-32532
                                                              -------------

             Issuer: Ashland Inc. Exchange: Chicago Stock Exchange
---------------------------------------------------------------------------
(Exact name of Issuer as  specified  in its  charter,  and name of Exchange
                where security is listed and/or registered)

          50 E. RiverCenter Blvd., Covington, KY 41012, (859) 815-3483
---------------------------------------------------------------------------
(Address, including zip code, and telephone number, including area code, of
                   Issuer's principal executive offices)

                   Common Stock, par value $.01 per share
---------------------------------------------------------------------------
                    (Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to
strike the class of securities from listing and registration:

|_| 17 CFR 240.12d2-2(a)(1)

|_| 17 CFR 240.12d2-2(a)(2)

|_| 17 CFR 240.12d2-2(a)(3)

|_| 17 CFR 240.12d2-2(a)(4)

|_| Pursuant to 17 CFR  240.12d2-2(b),  the Exchange has complied  with its
rules to strike  the  class of  securities  from  listing  and/or  withdraw
registration on the Exchange.

|X|  Pursuant to 17 CFR  240.12d2-2(c),  the Issuer has  complied  with the
rules  of  the  Exchange  and  the  requirements  of 17  CFR  240.12d2-2(c)
governing the voluntary  withdrawal of the class of securities from listing
and registration on the Exchange.

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,
Ashland Inc.  certifies that it has  reasonable  grounds to believe that it
meets all of the  requirements  for filing the Form 25 and has caused  this
notification to be signed on its behalf by the undersigned  duly authorized
person.




February 20, 2007             /s/ Linda L. Foss         Corporate Secretary
-----------------            -------------------        -------------------
      Date                     Linda L. Foss                   Title