Large Sarge
8th June 2010, 03:03 PM
1994
Combining the best of both companies, Nalco and Exxon Chemical Company announce the formation of Nalco/Exxon Energy Chemicals, L.P. to provide products and services to all facets of the petroleum and natural gas industries.
1998
Nalco reports that 1997 was a record-setting year for sales and earnings, rising 10 percent to $1.43 billion, with improvements reported by all divisions.
STA•BR•EX®, biocides are chosen as one of the year's most technologically significant products by R&D Magazine. It is the first industrial biocide modeled after naturally occurring antimicrobials.
1999
On June 27, Nalco enters into merger agreement with Suez Lyonnaise des Eaux, a $32 billion company with more than 200,000 employees worldwide. The move also integrates Suez Lyonnaise's existing water treatment group, Aquazur and Calgon Corporation, into existing Nalco operations to create "the new Nalcoâ€.
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2001
Nalco is renamed Ondeo Nalco, reflecting a new identity as a member of the Ondeo family of water-related businesses of Suez. The Ondeo family also includes Ondeo Services, Ondeo Degremont, and Ondeo Industrial Services.
Ondeo Nalco strengthens its leadership role in the petroleum industry as Nalco/Exxon Energy Chemicals, L.P. (NEEC) becomes part of the company through redemption of Exxon Mobil stock in the joint venture. NEEC generates $500 million in annual sales through its 1,800 sales people, engineers and other employees.
2003
USFilter and Ondeo Nalco enter into a strategic partnership providing equipment, chemicals and service to industrial customers.
The Blackstone Group, Apollo Management L. P. and Goldman Sachs Capital Partners buy Ondeo Nalco.
Nalco Company, a recognized symbol of strength around the world, unveils new logo.
2004
Nalco returns to trading on the New York Stock Exchange under its old NLC ticker symbol following an Initial Public Offering on November 11, 2004.
Nalco’s global sales exceed $3 billion for the first time in company history.
Combining the best of both companies, Nalco and Exxon Chemical Company announce the formation of Nalco/Exxon Energy Chemicals, L.P. to provide products and services to all facets of the petroleum and natural gas industries.
1998
Nalco reports that 1997 was a record-setting year for sales and earnings, rising 10 percent to $1.43 billion, with improvements reported by all divisions.
STA•BR•EX®, biocides are chosen as one of the year's most technologically significant products by R&D Magazine. It is the first industrial biocide modeled after naturally occurring antimicrobials.
1999
On June 27, Nalco enters into merger agreement with Suez Lyonnaise des Eaux, a $32 billion company with more than 200,000 employees worldwide. The move also integrates Suez Lyonnaise's existing water treatment group, Aquazur and Calgon Corporation, into existing Nalco operations to create "the new Nalcoâ€.
Return to top of the page
2001
Nalco is renamed Ondeo Nalco, reflecting a new identity as a member of the Ondeo family of water-related businesses of Suez. The Ondeo family also includes Ondeo Services, Ondeo Degremont, and Ondeo Industrial Services.
Ondeo Nalco strengthens its leadership role in the petroleum industry as Nalco/Exxon Energy Chemicals, L.P. (NEEC) becomes part of the company through redemption of Exxon Mobil stock in the joint venture. NEEC generates $500 million in annual sales through its 1,800 sales people, engineers and other employees.
2003
USFilter and Ondeo Nalco enter into a strategic partnership providing equipment, chemicals and service to industrial customers.
The Blackstone Group, Apollo Management L. P. and Goldman Sachs Capital Partners buy Ondeo Nalco.
Nalco Company, a recognized symbol of strength around the world, unveils new logo.
2004
Nalco returns to trading on the New York Stock Exchange under its old NLC ticker symbol following an Initial Public Offering on November 11, 2004.
Nalco’s global sales exceed $3 billion for the first time in company history.