Chemicals maker Ashland may sell water technologies business

July 25 Thu Jul 25, 2013 6:17am EDT

July 25 (Reuters) - Chemical maker Ashland Inc said it was considering selling its water technologies business, which supplies chemicals to industries including pulp, paper, mining, food and wastewater treatment.

The company's third-quarter income from continuing operations fell to $117 million, or $1.47 per share, from $160 million, or $2.00 per share.

Revenue fell 4 percent to $2.1 billion.

Ashland makes a wide range of specialty chemicals, including Valvoline motor oil and materials for the packaging and water purification industries.

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