Nalco Holdings, a subsidiary of
), was declared the 2012 Water Technology Company of the Year
during the 2012 Global Water Awards, held in Rome. The award was
conferred by renowned industry analyzer, Global Water
The Global Water Awards recognize significant achievements
within the worldwide water industry. The winners were chosen by
members of the International Desalination Association ("IDA"), the
Water Desalination Report and Global Water Intelligence
The Illinois-based company was awarded for its automated and
advanced water technology solutions namely the 3D TRASAR technology
and the Nalco 360 Service. The 3D TRASAR technology has been
designed to identify and remove all kinds of operational threats
related to cooling systems such as fouling, scale, corrosion and
biological growth. Nalco 360 Service tracks client water systems
and provides round the clock solutions to product-related
With Nalco's performance being applauded on a global platform,
the recognition also adds value to Ecolab, indicating that the
merger is a step ahead in the right direction. Ecolab, in December
2011, closed its $8.3 billion acquisition of Illinois-based water
treatment services major Nalco Holding.
Ecolab offers its products and services to the hospitality,
foodservice, institutional and industrial markets across more than
160 countries. The company continues to invest in strategic areas
such as product innovation, health care, water and energy and
global pest elimination to spur growth.
Ecolab remains focused on bringing new technologies aimed at
reducing food safety risks. Moreover, the company is aggressively
pursuing acquisitions to expand into emerging markets. Latin
America remains a key growth engine for the company's overseas
Although we are impressed by Ecolab's strong international
exposure, we remain cautious about aggressive competition from the
Church & Dwight
). Also, raw material price inflation and high delivered product
costs remain headwinds.
We are currently Neutral on Ecolab, supported by a short-term
Zacks #3 Rank (Hold).
CHURCH & DWIGHT (CHD): Free Stock Analysis
CLOROX CO (CLX): Free Stock Analysis Report
ECOLAB INC (ECL): Free Stock Analysis Report
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