Ashland Inc. is an American chemical company headquartered in Wilmington, Delaware. The company was founded in the city of Ashland, Kentucky in 1924, where it was headquartered before moving to Wilmington in 1994. The company has five wholly owned divisions, which include Chemical Intermediates and Solvents, Composites, Industrial Specialties, Personal and Home Care, & Pharmaceuticals, Food and Beverage, and Agriculture. Until 2017, the company was the primary manufacturer of Valvoline. Wikipedia