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 2010, Nalco achieved sales of $4bn with around 12,000 employees operating in 130 countries.
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Chairman and CEO: J. Erik Fyrwald
Director: Carl Casale
Director: Rodney ChaseDirector: Richard Marchese
Director: Mary VanDeWeghe
Director: Paul NorrisDirector: Douglas PertzDirector: Daniel Sanders
Chairman and CEO: J. Erik Fyrwald
Executive VP and chief financial officer: Kathryn Mikells
Chief marketing officer: Mary Kay Kaufmann
Chief technology officer: Manian Ramesh
Senior executive VP and president (water and process services): David FlitmanExecutive VP and president (Europe, Africa, Middle East): David JohnsonExecutive VP and president (Asia Pacific): Eric MelinExecutive VP and president (energy services): Steve Taylor
VP, general counsel and corporate secretary: Stephen LandsmanVP (energy services supply chain): Mark Stoll
Group VP (water marketing and development): Rich BendureDivision VP (taxes): Lori Arnold
1601 West Diehl RoadNaperville, IL 60563-1198USTel: +1 630 305 1000Fax: +1 630 305 2900
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.
More about Nalco Structure
In the midst of the most challenging economic environment in 70 years, Nalco says that it proved the strength of the company’s business by generating record free cash flow and solid margin gains. On this basis, Nalco says that it enters 2010 as a stronger business with expanding opportunities. (Edited from: “Letter from the chairman”). ICIS also provides you with key financial data listed in table form.
More about Nalco Strategy & Financial Highlights
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