ST. PAUL, Minn.--(BUSINESS WIRE)-- Ecolab Inc., the global leader in water, hygiene and energy technologies and services, has sold the phosphonate component business in China that was acquired as part of its 2015 Jianghai acquisition to Italmatch Chemicals SpA, a leading global specialty chemicals group and phosphonate supplier. Terms of the transaction were not disclosed.
Jeff Bulischeck, executive vice president and general manager, Global Heavy Industries, for Nalco Water, an Ecolab company, commented, “This sale enables us to sharpen our strategic focus on our core offerings and will allow us to accelerate profitable growth in China.”
Ecolab has retained Jianghai’s Service & Formulated business, which provides differentiated products and services to China’s heavy industry water treatment market.
About Ecolab
A trusted partner at more than two million
customer locations, Ecolab (ECL) is the global leader in water, hygiene
and energy technologies and services that protect people and vital
resources. With annual sales of $14 billion and 48,000 associates,
Ecolab delivers comprehensive solutions, data-driven insights and
on-site service to promote safe food, maintain clean environments,
optimize water and energy use, and improve operational efficiencies for
customers in the food, healthcare, energy, hospitality and industrial
markets in more than 170 countries around the world. For more Ecolab
news and information, visit www.ecolab.com.
Follow us on Twitter @ecolab, Facebook at facebook.com/ecolab, LinkedIn at Ecolab or Instagram at Ecolab Inc.
(ECL-A)
Ecolab Inc.
Michael Monahan, 651-250-2809
or
Andrew Hedberg, 651-250-2105
Roman Blahoski
Director, Global Communications
Mesa Denny
Director, Global Communications
Phone: +1 651 250 4724 or by email
MEXICO
Alejandro González d’Hyver de las Deses
Communications Manager, Latin America
Phone: +52 (55) 5001 2935 or by email
BRAZIL
Carolina Simonetti
Communications Manager, Brasil
Phone: +55 11 2134 2649 or by email
Valeria Prado
Communications Director, Latin America
Phone: +1 954 436 2668 or by email
Kate Askew
Director, Corporate Communications
Phone: +41 78 655 3005 or by email
For non-media related inquiries,
call +41 44 877 2000
Naazi Feizi
Communications Director, MEA Region Head
Phone: +971 4 8146961 or by email
For non-media related inquiries,
call +41 44 877 2000
Jacqui Daws
Communications Manager
Phone: +65 9295 1026 or by email
For non-media related inquiries,
call +86 21 6237 1000
Doris Qian
Corporate Communications Manager
Phone: +8621 6183 2465 or by email
For non-media related inquiries,
call +8621 6183 2500