METAL CASTING VETERAN YATES TO SPEARHEAD ASHLAND'S PAN-ASIAN COMMERCIAL DEVELOPMENT

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METAL CASTING VETERAN YATES TO SPEARHEAD ASHLAND'S PAN-ASIAN COMMERCIAL DEVELOPMENT
19 November 2003 - Ashland Inc

Ashland Casting Solutions has promoted Ray Yates to commercial director, Asia. In this new role, Yates is charged with implementing an aggressive pan-Asian growth strategy to expand Ashland's business across Japan, Korea, China, Southeast Asia and Australia.

'Ray's strong leadership skills are a key component to the start-up phase of our pan-Asian growth strategy,' said Mike Swartzlander, vice president, Ashland Specialty Chemical, and general manager, Casting Solutions. 'In addition to having nearly 20 years of operating experience in China, Casting Solutions now has local customer support and manufacturing capabilities, and we can assist our Asian customers in realizing significant bottom line results.'

Yates is a metal casting industry veteran of nearly 20 years and has served in various international roles for Ashland Casting Solutions in Russia, Brazil, and China. Prior to joining Ashland, Yates worked at FOSECO as an international product group manager for the company's foundry binders, coatings and ancillaries businesses.

As an active leader in the metal casting industry, Yates holds memberships in the Institute of Cast Metals Engineers, American Foundry Society, Institute of Patentees & Inventors, and The Diecasting Society.

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