Drew Marine and ESAB Form Alliance

August 18, 1999

Ship operators will gain the benefits of leading technology from the world's largest manufacturer of welding and cutting equipment and consumables as the result of a new alliance between Ashland Specialty Chemical Company's Drew Marine Division and ESAB Welding & Cutting Products. According to the alliance agreement, Drew Marine will supplying ESAB stick and covered electrodes in bulk for shipboard maintenance, repair and steel renewal projects. The agreement also formalizes the companies' intent to explore other areas of mutual interest with the expectation of significantly expanding the range of proven ESAB solutions that will become available for marine use through Drew Marine's global distribution and support network.

Drew Marine and ESAB Form Alliance

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