Ashland and Phoseon Announces Global UV LED Collaboration

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Ashland (NYSE: ASH) and Phoseon are pleased to announce a UV LED collaboration, combining its respective innovative product development expertise in UV LED coatings & laminating adhesives and UV LED curing lamp technology. This collaboration between two leaders in the energy curable value chain, will provide the converter base proven plug-n-play solutions combining compatible UV LED coatings and laminating adhesives with the appropriate UV LED lamp technology. Creating an ease-of-use platform for converters in LED will reduce the time-to-market learning curve, ensuring faster return on investment and quicker adoption into their respective market segment.

Ashland and Phoseon are combining its respective innovative product development expertise in UV LED coatings & laminating adhesives and UV LED curing lamp technology.

About Ashland
Ashland Global Holdings Inc. (NYSE: ASH) is a premier, global specialty chemicals company serving customers in a wide range of consumer and industrial markets, including adhesives, architectural coatings, automotive, construction, energy, food and beverage, personal care and pharmaceutical. At Ashland, we are more than 6,000 passionate, tenacious solvers – from renowned scientists and research chemists to talented engineers and plant operators – who thrive on developing practical, innovative and elegant solutions to complex problems for customers in more than 100 countries. Visit ashland.com to learn more.

About Phoseon Technology
Since 2002, Phoseon Technology pioneered the use of LED technology for Life Sciences and Industrial Curing. Through our relentless innovation, we deliver high performance, reliable and patented LED based solutions. Our strong focus on customer collaboration has resulted in world-wide market leadership position and presence. Phoseon is an ISO9001 certified company manufacturing award winning products that are covered by more than 300 patents worldwide. We uniquely focus 100% on LED technology therefore ensuring superior reliability, business economics, and environmental benefits.

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