NLC meaning in Business ?

Answer:

What is Nalco Chemical Company mean?

Nalco Water, an Ecolab Company, is an American Naperville, Illinois-based supplier of water, energy and air improvement solutions and services for industrial and institutional markets. The company sells various products and services designed to reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products.

The company was founded in 1928 as the National Aluminate Corporation, formed from the merger of Chicago Chemical Company and the Aluminum Sales Corporation. By a series of mergers and acquisition, its name was changed to Nalco Chemical Company (1959 - 1999); then Ondeo Nalco Company (1999 - 2004); and in 2004 to Nalco Holding Company. It became a subsidiary of Ecolab Inc. in December 2011 after the completion of the US$5.4 billion acquisition by Ecolab.

Nalco Water serves more than 70,000 customers employing over 11,500 employees operating in over 130 countries. Among its products is Corexit - an oil dispersant widely used in the Deepwater Horizon oil spill.

reference

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