Press Release 04 Mar 2021

WILMINGTON, Del., March 4, 2021 – Ashland has completed the expansion of its Viatel™ bioresorbable polymer manufacturing site and has relocated research and development (R&D) from Dublin to the National Science Park, Mullingar, Ireland. The National Science Park in Mullingar is home to a network of innovative organizations including Ireland’s leading research centre for manufacturing solutions (IMR).

“Viatel™ bioresorbable polymers are used to deliver improved treatment solutions for many chronic diseases,” said Seán McMahon, PhD, business manager, ViatelTM bioresorbable polymers, Ashland. “These materials are the building blocks in extended-release drug formulations, bioresorbable medical devices and tissue engineering scaffolds. Relocation of R&D to the Mullingar site is critical for our new product development strategy and our ability to solve complex customer challenges with customized chemistry.”

Ashland supplies more than 70 GMP grades of lactide/glycolide/caprolactone copolymers within its growing Viatel™ portfolio, along with a state-of-the-art custom-made polymer production unit to serve changing customer requirements.

“This facility expansion allows Ashland to focus on serving our customer needs as they pursue clinical studies and prepare for commercialization,” said Dean Ross, global business manager, pharmaceutical specialities, Ashland. “We believe the Mullingar facility provides an excellent environment for manufacturing and creative problem-solving.”

Denis Curran, Divisional Head of Regional Development and Property, IDA Ireland said “The decision by Ashland to locate its R&D facility to Mullingar is very much in line with IDA Ireland’s new strategy Driving Recovery and Sustainable Growth 2021 – 2024 which has committed to building on the strengths and competencies of the Midlands Region with a particular focus on high value manufacturing, services and RD&I opportunities. The Midlands is a key location for FDI and in recognition of that, IDA Ireland has targeted 25 new investments for the region and will deliver Advanced Building Solutions in Athlone, Longford and Mullingar over the lifetime of our new strategy. I wish Ashland every success with this expansion and relocation.”

About Ashland 
Ashland Global Holdings Inc. (NYSE: ASH) is a premier speciality materials company with a conscious and proactive mindset for sustainability. The company serves customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, nutraceuticals, personal care and pharmaceutical. Approximately 4,200 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – thrive on developing practical, innovative and elegant solutions to complex 
problems for customers in more than 100 countries. Visit ashland.com and ashland.com/sustainability to learn more.  

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