Ashland, Inc. recently announced it has completed the sale of approximately six acres of land in Ajax, Canada, to Sunray Group of Hotels Inc., a Canadian real estate developer, for (CAD) $12.25 million, with net proceeds of (CAD) $9.2 million.
Ashland is selling its unused land to fund the newly established environmental trust.
“We are continuing to execute our plan to sell valuable land that is not being utilized by the company, and we will place the proceeds in an environmental trust,” said Guillermo Novo, Ashland chair and CEO. “Our environmental trust is an integral part of our core values and strategy and a clear example of our environment, social and governance commitment.”
The post Ashland Completes Sale of Land in Ajax, Canada appeared first on American Coatings Association.
from American Coatings Association https://www.paint.org/ashland-completes-sale-of-land-in-ajax-canada/
via IFTTT
No comments:
Post a Comment