NAPERVILLE, Ill., March 10, 2011 /PRNewswire/ -- Please be aware that the name Nalco refers to two unrelated companies. One company is The National Aluminum Company of India (www.nalcoindia.com), the chairman of which has been charged with bribery in India. The other company is Nalco Holding Company (www.nalco.com), based in the United States. The companies are entirely separate and are engaged in fundamentally different businesses. There have been news stories recently about the bribery case in India, which is completely unrelated to the American company and its chairman.
The aluminum company was incorporated in 1981 as a government-owned enterprise in India. It has trademarked the name Nalco in India.
The U.S.-based Nalco, headquartered in Naperville, Ill., was incorporated in 1928 and our shares are traded on the NYSE under the ticker symbol NLC. We are the world's largest sustainability services company focused on industrial water, energy and air applications. The U.S.-based Nalco has the trademark rights to the name Nalco worldwide in connection with its products and services including in India, where we do business as NLC Nalco India Ltd.
Nalco is the world's largest sustainability services company focused on industrial water, energy and air applications; delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability World and North America Indexes. More than 12,000 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2010, Nalco achieved sales of $4.25 billion. For more information visit www.nalco.com.
SOURCE Nalco Company