ASBESTOS UPDATE: 22T Claims Still Pending v. Hercules at June 30

Ashland Inc.’s Hercules subsidiary faced 22,000 open asbestos claims during the nine months ended June 30, 2011, compared with 20,000 claims during the nine months ended June 30, 2010.

Hercules faced 22,000 open asbestos claims during the six months ended March…

ASBESTOS UPDATE: Claims v. Ashland Inc. Drop to 75T at June 30

Ashland Inc. faced 75,000 open asbestos-related claims during the nine months ended June 30, 2011, compared with 84,000 claims during the nine months ended June 30, 2010.

The Company faced 76,000 open asbestos claims during the six months ended March 31,…

ASBESTOS UPDATE: Defendants’ Summary Judgment Denied in Ashland

The U.S. District Court, Western District of Washington, at Tacoma, denied the defendants’ motion to dismiss and for summary judgment in a case involving asbestos styled Ashland Inc., Plaintiff v. Leo H. Long, Jr., et al., Defendants.

District Judge Benjamin H.…

ASBESTOS UPDATE: Ashland Reserves $793MM for Claims at June 30

Ashland Inc.’s non-current asbestos litigation reserve was US$793 million as of June 30, 2011, compared with US4841 million as of Sept. 30, 2011, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July…

ASBESTOS UPDATE: Hercules Facing 22,000 Open Claims at March 31

Ashland Inc.’s Hercules subsidiary faced 22,000 open asbestos claims during the six months ended March 31, 2011, compared with 20,000 open claims during the six months ended March 31, 2010.

During the six months ended March 31, 2011, the Company recorded…

ASBESTOS UPDATE: Ashland Inc. Facing 76T Open Claims at March 31

Ashland Inc. faced 76,000 open asbestos claims during the six months ended March 31, 2011, compared with 89,000 claims during the six months ended March 31, 2010.

The claims alleging personal injury caused by exposure to asbestos asserted against the Company…

ASBESTOS UPDATE: Ashland’s Long-Term March 31 Reserves at $813MM

Ashland Inc.’s long-term asbestos litigation reserve was US$813 million as of March 31, 2011, compared with US$841 million as of Dec. 31, 2010, according to a Company press release dated April 26, 2011.

The Company’s long-term asbestos insurance receivable was US$440…

ASBESTOS UPDATE: Hercules Still Faces 20T Open Claims at June 30

Ashland Inc.’s subsidiary, Hercules, faced 20,000 open asbestos- related claims during the nine months ended June 30, 2010, compared with 24,000 claims during the nine months ended June 30, 2009.

Hercules has liabilities from claims alleging personal injury caused by exposure…

ASBESTOS UPDATE: 84,000 Claims Ongoing v. Ashland Inc. at June 30

Ashland Inc. faced 84,000 open asbestos-related claims during the nine months ended June 30, 2010, compared with 103,000 open claims during the nine months ended June 30, 2009.

The claims that allege personal injury (caused by exposure to asbestos) asserted against…

ASBESTOS UPDATE: Ashland Inc. Records $855Mil Reserve at June 30

Ashland Inc.’s non-current asbestos litigation reserve was US$855 million as of June 30, 2010, compared with US$828 million as of June 30, 2009, according to a Company report, on Form 8-K, filed with the Securities and Exchange Commission on July…

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