Nalco is a provider of integrated water treatment and process improvement services, chemicals and equipment programmes for industrial and institutional applications. The company is split into the following divisions: Industrial and Institutional Services, Paper Services Division, Energy Services Division, Upstream and Downstream.
Nalco is investing to support rapid growth in geographic markets that include China, India and Russia; in research and development for technologies such as membrane treatments, automated monitoring and control technologies; and improved end-product quality for customers in paper and other industries.
The company intends to implement a series of additional process improvements, improve production efficiency and reduce the amount of time employees spend on routine administrative tasks. Process improvements are its objective, but cost savings are said to be the main outcome.
In 2009, Nalco achieved sales of $4bn with around 11,500 employees operating in 130 countries.
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Key Personnel
Chairman, president and CEO: J. Erik Fyrwald
Director: Carl Casale
Director: Mary VanDeWeghe
Director: Daniel Sanders
Director: Douglas Pertz
Director: Paul Norris
Director: Richard Marchese
Director: Rodney Chase
(Updated December 2009)
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Contacts
1601 West Diehl Road
Naperville, IL 60563-1198
US
Tel: +1 630 305 1000
Fax: +1 630 305 2900
www.nalco.com
Nalco
Company Structure
Nalco is a provider of integrated water treatment and process improvement services, chemicals and equipment programmes for industrial and institutional applications. In November 2004, Nalco completed its initial public offering (IPO). Blackstone and partners, Apollo Management and Goldman Sachs Capital Partners put in $992m in equity and raised $3.2bn in debt to buy Nalco for $4.1bn.
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Nalco
Strategy & Financial Highlights
Nalco has implemented a three-part strategy with the goal of achieving strong long-term organic growth of better than 5%, 10% growth in adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) and free cash flow improvement of greater than 30%. Its three strategic objectives remain unchanged: generating organic growth, improving work processes and building alternate channels to market. (Edited from: “Letter from the chairman”). ICIS also provides you with key financial data listed in table form.
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