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 12, 1999


                                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 (606) 815-3333






Item 5.  Other Events

     On October 12, 1999,  Ashland Inc.  announced that it has informed the
Copenhagen Stock Exchange that  shareholders  representing more than 90% of
the share  capital of Superfos a/s have  accepted  Ashland's  September 27,
1999 offer, and that Ashland will implement the tender offer. The accepting
shareholders will receive payment on Tuesday, October 19, 1999.
     The  foregoing  summary of the attached  press release is qualified in
its  entirety by the  complete  text of such  document,  a copy of which is
attached hereto as Exhibit 99.1.

Item 7.  Financial Statements and Exhibits

    (c)  Exhibits
         99.1     Press Release dated October 12, 1999.






                                 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 12, 1999                       /s/ David L. Hausrath
                                               -------------------------------
                                               Name:     David L. Hausrath
                                               Title:    Vice President and
                                                         General Counsel





                               Exhibit Index

Exhibit No.

    99.1     Press Release dated October 12, 1999.