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): July 23, 2003


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


                                    Kentucky
                 (State or other jurisdiction of incorporation)

              1-2918                                         61-0122250
       (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







Item 7.  Financial Statements and Exhibits
------   ---------------------------------

(c)      Exhibits

99.1     Website data concerning Ashland  Distribution  Company's sales per
         ship day

99.2     Website data concerning Ashland Distribution Company's revenue

99.3     Website  data  concerning  Ashland  Distribution  Company's  gross
         profit

99.4     Website  data  concerning  Ashland  Specialty  Chemical  Company's
         average sales per ship day

99.5     Website  data  concerning  Ashland  Specialty  Chemical  Company's
         revenue

99.6     Website data concerning Ashland Specialty Chemical Company'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 twelve month average 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

Item 9.  Regulation FD Disclosure
------   ------------------------

     On July 23, 2003, Ashland Inc. will include the information  contained
in exhibits  99.1 - 99.13,  and graphic  images  thereof,  on the "Investor
Relations"  section of its website located at  www.ashland.com.  Ashland is
furnishing  the  information   pursuant  to  the  Securities  and  Exchange
Commission's  ("SEC") Regulation FD. The information  contained in exhibits
99.1 - 99.13 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
from its website at any time.


                                    -2-




                                 SIGNATURE
                                 ---------

     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:  July 23, 2003                             /s/ J. Marvin Quin
                                          -----------------------------------
                                          Name:     J. Marvin Quin
                                          Title:    Senior Vice President and
                                                    Chief Financial Officer


                                    -3-





                               EXHIBIT INDEX

99.1     Website data concerning Ashland  Distribution  Company's sales per
         ship day

99.2     Website data concerning Ashland Distribution Company's revenue

99.3     Website  data  concerning  Ashland  Distribution  Company's  gross
         profit

99.4     Website  data  concerning  Ashland  Specialty  Chemical  Company's
         average sales per ship day

99.5     Website  data  concerning  Ashland  Specialty  Chemical  Company's
         revenue

99.6     Website data concerning Ashland Specialty Chemical Company'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  twelve month  average  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