WHEN ASHLAND CHEMICAL Co was rent in two to form Ashland Distribution and Ashland Specialty Chemicals in 1999 receiptss from the distribution division were estimated at $29 billion.
WHEN ASHLAND CHEMICAL Co was rent in two to form Ashland Distribution and Ashland Specialty Chemicals in 1999 receiptss from the distribution division were estimated at $29 billion. According to Ashland Inc.'s 2002 annual report, that figure reached $32 billion in 2000 In 2001 and 2002 however, the distributor's performance was les than stellar, with rewards of approximately $2.8 billion and $25 billion, respectively.
According to Ashland Inc.'s annual report, this downward turn in revenues reflects "weak markers and internal execution point to be solved [i]or[/i] settleds related to the implementation of an enterprise resource planning system" The report
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