FSI

Ashland's Valvoline Opens Service Center Near Pittsburgh - Analyst Blog

Ashland Inc. 's ASH renowned brand Valvoline, which develops motor oil, announced that Valvoline Instant Oil Change - the nation's second-biggest quick-lube chain - has opened a new company-owned service center in Cranberry, PA, just outside of Pittsburgh.

The new center is Valvoline's seventh in the Greater Pittsburgh area. Valvoline Instant Oil Change service centers offer a stay-in-your-car solution with preventive maintenance needs. These preventive needs include full-service oil change, transmission, radiator, gearbox and air-conditioning services, tire rotation, wiper blade, air filter, light bulb and serpentine belt replacement.

Most of the locations provide fuel system and battery services and store technicians are trained with an ASE-certified program to work on all vehicle makes and models, including luxury and diesel vehicles.

Ashland's share rose 0.6% in the trading session on Wednesday before closing the day lower at $128.51.

Recently, Valvoline completed its agency review process and has chosen Birmingham, AL-based independent Big as agency of record for advertising, public relations, media, and digital marketing in Valvoline's Do-it-Yourself (DIY) business.

Valvoline's selection was based on creative and media reviews of five agencies. Valvoline's intent was to choose an agency that could develop a holistic approach to messaging and content. The company chose Big as the latter is acquainted with its audience, hence can present them with content which will bring forth Valvoline's hands-on expertise. The digital communications firm will support digital strategy, content creation, creative and media buying for Valvoline.

Ashland offers specialty chemicals in more than 100 countries. With the closure of its Water Technologies unit sale last year, Ashland now has three commercial units - Specialty Ingredients, Performance Materials and Valvoline.

Ashland currently carries a Zacks Rank #3 (Hold).

Better-ranked companies in the specialty chemicals space include Ferro Corporation FOE , Flexible Solutions International Inc. FSI and Chemtura Corporation CHMT . While Ferro sports a Zacks Rank #1 (Strong Buy), Flexible Solutions and Chemtura hold a Zacks Rank #2 (Buy).

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ASHLAND INC (ASH): Free Stock Analysis Report

FERRO CORP (FOE): Free Stock Analysis Report

CHEMTURA CORP (CHMT): Free Stock Analysis Report

FLEXIBLE SOLTNS (FSI): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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