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Settlement Dilutes Oil Additive Claims

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Bloomberg News

Ashland Inc. settled Federal Trade Commission charges that it misled consumers with ads touting the protection provided by the company’s Valvoline TM8 engine treatment. The Russell, Ky.-based company agreed to limit advertising claims about the oil additive’s ability to reduce engine-part wear. The settlement does not include a fine or an admission of wrongdoing. In July, Quaker State Corp. settled similar FTC charges in connection with the Slick 50 engine treatment, the nation’s top-selling brand. Quaker State agreed to provide at least $10 million in rebates, coupons or other incentives to consumers who bought the product.

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