On the Record · Ashland
Ashland subsidiaries, as it lists them
The subsidiaries Ashland lists in its latest annual report, with the jurisdiction of each, linked to the filing.
Subsidiaries it lists
| Subsidiary | Jurisdiction |
|---|---|
| 565 Corporation | Delaware |
| Ash GH One Inc. | Delaware |
| Ash GH Switzerland GmbH | Switzerland |
| ASH GP INC. | Delaware |
| Ash Junior Global Holding One LLC | Delaware |
| Ash Junior Global Holding Two LLC | Delaware |
| Ash Swiss Holding Two GmbH | Switzerland |
| Ashland (Australasia) Pty. Limited | Australia |
| Ashland (China) Holdings Co., Ltd. | China, Peoples Republic of |
| Ashland (Gibraltar) One Holding, Inc. | Delaware |
| Ashland (Thailand) Co., Ltd | Thailand |
| Ashland Argentina S.R.L. | Argentina |
| Ashland Canada Corp./Corporation | Province of Nova Scotia |
| Ashland Canada Holdings B.V. | Netherlands |
| Ashland Chemical De Mexico S.A. De C.V. | Mexico |
| Ashland Chemical Trading (Shanghai) Company Limited | China, Peoples Republic of |
| Ashland Chemicals (Nanjing) Company Limited | China, Peoples Republic of |
| Ashland Colombia S.A.S. | Colombia |
| Ashland Comercio de Especialidades Quimicas do Brasil Ltda. | Brazil |
| Ashland CZ s.r.o. | Czech Republic |
| Ashland Ethanol, Inc. | Delaware |
| Ashland Inc. | Delaware |
| Ashland India Private Limited | India |
| Ashland Industria de Ingredientes do Brasil Ltda. | Brazil |
| Ashland Industries Deutschland GmbH | Germany |
| Ashland Industries Europe GmbH | Switzerland |
| Ashland Industries France SAS | France |
| Ashland Industries Italia S.r.l. | Italy |
| Ashland Industries Nederland B.V. | Netherlands |
| Ashland Ingredients Poland Sp. z.o.o. | Poland |
| Ashland International Receivables DAC | Ireland |
| Ashland Italia S.r.l. | Italy |
| Ashland Japan Ltd. | Japan |
| Ashland Licensing and Intellectual Property LLC | Delaware |
| Ashland Nigeria Exploration Unlimited | Nigeria |
| Ashland Oil (Nigeria) Company Unlimited | Nigeria |
| Ashland Oil, Inc. | Kentucky |
| Ashland Services B.V. | Netherlands |
| Ashland Singapore Pte. Ltd. | Singapore |
| Ashland Spain Real Estate Holdings, S.L. | Spain |
| Ashland Specialties Austria GmbH | Austria |
| Ashland Specialties Belgium BVBA | Belgium |
| Ashland Specialties Deutschland GmbH | Germany |
| Ashland Specialties France S.a.r.l. | France |
| Ashland Specialties Hispania S.L. | Spain |
| Ashland Specialties Ireland Limited | Ireland |
| Ashland Specialties (Shanghai) Co. Ltd | China, Peoples Republic of |
| Ashland Specialties Sverige AB | Sweden |
| Ashland Specialties UK Limited | United Kingdom |
| Ashland Specialty Chemical (Singapore) PTE LTD | Singapore |
| Ashland Specialty Chemicals Commerce Limited | Turkey |
| Ashland Specialty Chemical Korea Co., Ltd. | Korea, Republic of |
| Ashland Specialty Chemicals (Malaysia) SDN BHD | Malaysia |
| Ashland Specialty Ingredients G.P. | Delaware |
| Ashmont Insurance Company, Inc. | Vermont |
| Ashprop Two LLC | Delaware |
| Avoca LLC | North Carolina |
| Belleville Realty Corp. | Delaware |
| Blazer Properties LLC | Delaware |
| Bluegrass Insurance Company Limited | Bermuda |
| CLTA LLC | Delaware |
| Curtis Bay Insurance Co. Ltd | Bermuda |
| CVG Capital III LLC | Delaware |
| East Bay Realty Services, Inc. | Delaware |
| FJR, Inc. | Georgia |
| Hercofina | Delaware |
| Hercules Holding BVBA | Belgium |
| Hercules Hydrocarbon Holdings, Inc. | Delaware |
| Hercules International Limited, LLC | Delaware |
| Hercules Investment ApS | Denmark |
| Hercules Investments Netherlands B.V. | Netherlands |
| Hercules Islands Corporation | Virgin Islands (US) |
| Hercules LLC | Delaware |
| Hercules Paper Holdings, Inc. | Delaware |
| International Specialty Holdings LLC | Delaware |
| International Specialty Products (India) Private Limited | India |
| International Specialty Products Funding Corporation | Delaware |
| International Specialty Products Inc. | Delaware |
| ISP Alginates Inc. | Delaware |
| ISP Capital LLC | Delaware |
| ISP Chemco LLC | Delaware |
| ISP Chemical Products LLC | Delaware |
| ISP Chemicals LLC | Delaware |
| ISP Environmental Services Inc. | Delaware |
| ISP France Holding SARL | France |
| ISP Freetown Fine Chemicals Inc. | Delaware |
| ISP Freight Services N.V. | Belgium |
| ISP Global Technologies Deutschland Unterstutzungskasse GmbH | Germany |
| ISP Global Technologies Inc. | Delaware |
| ISP Global Technologies LLC | Delaware |
| ISP Holdings (U.K.) Ltd. | United Kingdom |
| ISP International Corp. | Delaware |
| ISP Investments LLC | Delaware |
| ISP Lima LLC | Delaware |
| ISP Management Company, Inc. | Delaware |
| ISP Microcaps (U.K.) Limited | United Kingdom |
| ISP Pharma Systems LLC | Delaware |
| ISP Real Estate Company, Inc. | Delaware |
| ISP Singapore Holding LLC | Delaware |
| ISP Technologies Inc. | Delaware |
| ISP Technologies LLC | Delaware |
| Pakistan Gum Industries (Private) Limited | Pakistan |
| PT. Ashland Specialty Chemicals Indonesia | Indonesia |
| Shanghai Ashland Chemical Technology Development Co., Ltd. | China, Peoples Republic of |
| Taiwan Ashland Co., Ltd. | Taiwan |
| Tamaulipas Property Holdings S. de R.L. de C.V. | Mexico |
| Techwax Limited | United Kingdom |
| WSP LLC | Delaware |
From Exhibit 21 of the 10-K for 2025. Companies must list their significant subsidiaries there and may leave out smaller ones, so this is the company’s own list, not every entity it owns.
Read from Ashland’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-20. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.