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): December 21, 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 December  21,  2005,  Ashland  Inc.  will  include the  information
contained in exhibits  99.1 - 99.16,  and graphic  images  thereof,  on the
"Investor Relations" section of its website located at 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 - 99.16 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.


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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



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                                 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:  December 21, 2005                /s/ J. Marvin Quin
                                 --------------------------------------------
                                 Name:   J. Marvin Quin
                                 Title:  Senior Vice President,
                                         and Chief Financial Officer




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                                  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


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