UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION

                          Washington, D. C. 20549

                                  FORM 8-K

                               CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of
                    the Securities Exchange Act of 1934

     Date of report (Date of earliest event reported): October 24, 2005

                                ASHLAND INC.
           (Exact name of registrant as specified in its charter)

                                  Kentucky
               (State or other jurisdiction of incorporation)

                       1-32532                               20-0865835
              (Commission File Number)                    (I.R.S. Employer
                                                        Identification No.)

      50 E. RiverCenter Boulevard, Covington, Kentucky       41012-0391
          (Address of principal executive offices)           (Zip Code)

             P.O.   Box 391, Covington, Kentucky             41012-0391
                    (Mailing Address)                        (Zip Code)

     Registrant's telephone number, including area code (859) 815-3333


Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

[  ]     Written communications pursuant to Rule 425 under the Securities Act
         (17 CFR 2230.425)
[  ]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act
         (17 CFR 240.14a-12)
[  ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the
         Exchange Act (17 CFR 240.14d-2(b))
[  ]     Pre-commencement communications pursuant to Rule 13e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))


<PAGE>



Item 7.01.  Regulation FD Disclosure

         On October 24, 2005, Ashland Inc. will include the information
contained in Exhibits 99.1 - 99.17, and graphic images thereof, on the
"Investor Relations" section of its website located at
http://www.ashland.com, or in employee communications.

         Ashland is furnishing the information pursuant to the Securities
and Exchange Commission's ("SEC") Regulation FD. The information contained
in Exhibits 99.1 - 99.17 is summary information concerning key metrics for
Ashland's divisional operations and is intended to be considered in the
context of Ashland's SEC filings and other public announcements that
Ashland may make from time to time.

         By filing this report on Form 8-K, Ashland makes no admission as
to the materiality of any information in this report. Ashland reserves the
right to discontinue the availability of the data in the attached exhibits.


<PAGE>


Item 9.01.  Financial Statements and Exhibits
---------   ---------------------------------

(c)      Exhibits

99.1     Website data concerning Ashland Distribution's sales per shipping day
99.2     Website data concerning Ashland Distribution's revenue
99.3     Website data concerning Ashland Distribution's gross profit
99.4     Website data concerning Ashland Specialty Chemical's average sales
         per shipping day
99.5     Website data concerning Ashland Specialty Chemical's revenue
99.6     Website data concerning Ashland Specialty Chemical's gross profit
99.7     Website data concerning Valvoline's premium oil sales
99.8     Website data concerning Valvoline's revenue
99.9     Website data concerning Valvoline Instant Oil Change's twelve month
         rolling average sales
99.10    Website data concerning APAC's rolling twelve month contract awards
99.11    Website data concerning APAC's lost time incident rates and OSHA
         recordable incident rates
99.12    Website data concerning APAC's monthly revenue and twelve month
         rolling average revenue
99.13    Website data concerning APAC's backlog
99.14    Website data concerning APAC's asphalt mix production
99.15    Website data concerning U.S. Gulf Coast asphalt barge prices
99.16    Website data concerning APAC's 14-state weighted diesel price index
99.17    Ashland Distribution's non-GAAP metric information


<PAGE>


                                 SIGNATURES


     Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.

                                              ASHLAND INC.
                                 -------------------------------------------
                                              (Registrant)



Date:  October 24, 2005                /s/ J. Marvin Quin
                                 --------------------------------------------
                                 Name:   J. Marvin Quin
                                 Title:  Senior Vice President,
                                         and Chief Financial Officer




<PAGE>


                               Exhibit Index

99.1     Website data concerning Ashland Distribution's sales per shipping day
99.2     Website data concerning Ashland Distribution's revenue
99.3     Website data concerning Ashland Distribution's gross profit
99.4     Website data concerning Ashland Specialty Chemical's average sales
         per shipping day
99.5     Website data concerning Ashland Specialty Chemical's revenue
99.6     Website data concerning Ashland Specialty Chemical's gross profit
99.7     Website data concerning Valvoline's premium oil sales
99.8     Website data concerning Valvoline's revenue
99.9     Website data concerning Valvoline Instant Oil Change's twelve month
         rolling average sales
99.10    Website data concerning APAC's rolling twelve month contract awards
99.11    Website data concerning APAC's lost time incident rates and OSHA
         recordable incident rates
99.12    Website data concerning APAC's monthly revenue and twelve month
         rolling average revenue
99.13    Website data concerning APAC's backlog
99.14    Website data concerning APAC's asphalt mix production
99.15    Website data concerning U.S. Gulf Coast asphalt barge prices
99.16    Website data concerning APAC's 14-state weighted diesel price index
99.17    Ashland Distribution's non-GAAP metric information
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{"company-data": {"conformed-name": "ASHLAND INC.", "cik": "0001305014", "assigned-sic": "5160", "irs-number": "200865835", "state-of-incorporation": "KY", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32532", "film-number": "051152166"}, "business-address": {"street1": "50 EAST RIVERCENTER BLVD., 16TH FLOOR", "city": "COVINGTON", "state": "KY", "zip": "41012", "phone": "859-815-3483"}, "mail-address": {"street1": "50 EAST RIVERCENTER BLVD., 16TH FLOOR", "city": "COVINGTON", "state": "KY", "zip": "41012"}, "former-company": {"former-conformed-name": "New EXM Inc.", "date-changed": "20041004"}}
UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION

                          Washington, D. C. 20549

                                  FORM 8-K

                               CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of
                    the Securities Exchange Act of 1934

     Date of report (Date of earliest event reported): October 24, 2005

                                ASHLAND INC.
           (Exact name of registrant as specified in its charter)

                                  Kentucky
               (State or other jurisdiction of incorporation)

                       1-32532                               20-0865835
              (Commission File Number)                    (I.R.S. Employer
                                                        Identification No.)

      50 E. RiverCenter Boulevard, Covington, Kentucky       41012-0391
          (Address of principal executive offices)           (Zip Code)

             P.O.   Box 391, Covington, Kentucky             41012-0391
                    (Mailing Address)                        (Zip Code)

     Registrant's telephone number, including area code (859) 815-3333

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions:

[  ]     Written communications pursuant to Rule 425 under the Securities Act
         (17 CFR 2230.425)
[  ]     Soliciting material pursuant to Rule 14a-12 under the Exchange Act
         (17 CFR 240.14a-12)
[  ]     Pre-commencement communications pursuant to Rule 14d-2(b) under the
         Exchange Act (17 CFR 240.14d-2(b))
[  ]     Pre-commencement communications pursuant to Rule 13e-4(c) under the
         Exchange Act (17 CFR 240.13e-4(c))
Item 7.01.  Regulation FD Disclosure

         On October 24, 2005, Ashland Inc. will include the information
contained in Exhibits 99.1 - 99.17, and graphic images thereof, on the
"Investor Relations" section of its website located at
http://www.ashland.com, or in employee communications.

         Ashland is furnishing the information pursuant to the Securities
and Exchange Commission's ("SEC") Regulation FD. The information contained
in Exhibits 99.1 - 99.17 is summary information concerning key metrics for
Ashland's divisional operations and is intended to be considered in the
context of Ashland's SEC filings and other public announcements that
Ashland may make from time to time.

         By filing this report on Form 8-K, Ashland makes no admission as
to the materiality of any information in this report. Ashland reserves the
right to discontinue the availability of the data in the attached exhibits.
Item 9.01.  Financial Statements and Exhibits
---------   ---------------------------------

(c)      Exhibits

99.1     Website data concerning Ashland Distribution's sales per shipping day
99.2     Website data concerning Ashland Distribution's revenue
99.3     Website data concerning Ashland Distribution's gross profit
99.4     Website data concerning Ashland Specialty Chemical's average sales
         per shipping day
99.5     Website data concerning Ashland Specialty Chemical's revenue
99.6     Website data concerning Ashland Specialty Chemical's gross profit
99.7     Website data concerning Valvoline's premium oil sales
99.8     Website data concerning Valvoline's revenue
99.9     Website data concerning Valvoline Instant Oil Change's twelve month
         rolling average sales
99.10    Website data concerning APAC's rolling twelve month contract awards
99.11    Website data concerning APAC's lost time incident rates and OSHA
         recordable incident rates
99.12    Website data concerning APAC's monthly revenue and twelve month
         rolling average revenue
99.13    Website data concerning APAC's backlog
99.14    Website data concerning APAC's asphalt mix production
99.15    Website data concerning U.S. Gulf Coast asphalt barge prices
99.16    Website data concerning APAC's 14-state weighted diesel price index
99.17    Ashland Distribution's non-GAAP metric information
SIGNATURES

     Pursuant to the  requirements of the Securities  Exchange Act of 1934,
the  registrant  has duly  caused this report to be signed on its behalf by
the undersigned thereunto duly authorized.

                                              ASHLAND INC.
                                 -------------------------------------------
                                              (Registrant)

Date:  October 24, 2005                /s/ J. Marvin Quin
                                 --------------------------------------------
                                 Name:   J. Marvin Quin
                                 Title:  Senior Vice President,
                                         and Chief Financial Officer
Exhibit Index

99.1     Website data concerning Ashland Distribution's sales per shipping day
99.2     Website data concerning Ashland Distribution's revenue
99.3     Website data concerning Ashland Distribution's gross profit
99.4     Website data concerning Ashland Specialty Chemical's average sales
         per shipping day
99.5     Website data concerning Ashland Specialty Chemical's revenue
99.6     Website data concerning Ashland Specialty Chemical's gross profit
99.7     Website data concerning Valvoline's premium oil sales
99.8     Website data concerning Valvoline's revenue
99.9     Website data concerning Valvoline Instant Oil Change's twelve month
         rolling average sales
99.10    Website data concerning APAC's rolling twelve month contract awards
99.11    Website data concerning APAC's lost time incident rates and OSHA
         recordable incident rates
99.12    Website data concerning APAC's monthly revenue and twelve month
         rolling average revenue
99.13    Website data concerning APAC's backlog
99.14    Website data concerning APAC's asphalt mix production
99.15    Website data concerning U.S. Gulf Coast asphalt barge prices
99.16    Website data concerning APAC's 14-state weighted diesel price index
99.17    Ashland Distribution's non-GAAP metric information