SUGAR LAND, Texas, April 5, 2005 (PRIMEZONE) -- Nalco Company announced today that it has expanded its corrosion inhibition line to include a family of products designed, tested and approved for extreme production challenges, including deepwater, high pressure, high H2S content, and cold temperatures.
The Enercept(r) Extreme line of corrosion inhibitors was created in response to the industry's need for high performance, environmentally friendly products that are able to stand up to the harshest production environments.
"The era of easy oil and gas production is over," notes Gary Cooper, Marketing Manager for Nalco's Asset Integrity Team. "Enercept Extreme products are designed on a heritage of continuous improvement and rigorous testing. Most importantly, they are field proven in severe environments prior to carrying the designation."
Enercept Extreme products have been successfully used around the globe -- from Alaska, to the North Sea, to the Deepwater coast of Brazil. In Nalco labs, scientists synthesize hundreds of potential Enercept Extreme products, but because of aggressive testing against harsh simulated field conditions, less than 20 percent are chosen for field evaluation.
"New products are continually added to our portfolio, based on field successes," explains Cooper. "Our treatment programs are highly effective because the development process is both unique and never-ending."
Nalco (NYSE:NLC) is the leading provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications. The company currently serves more than 60,000 customer locations representing a broad range of end markets. It has established a global presence with over 10,000 employees operating in 130 countries, supported by a comprehensive network of manufacturing facilities, sales offices and research centers. In 2004, Nalco achieved sales of $3 billion.
This news release includes forward-looking statements, reflecting current analysis and expectations, based on what are believed to be reasonable assumptions. Forward-looking statements may involve known and unknown risks, uncertainties and other factors, which may cause the actual results to differ materially from those projected, stated or implied, depending on many factors, including, without limitation: ability to generate cash, ability to raise capital, ability to refinance, the result of the pursuit of strategic alternatives, ability to execute work process redesign and reduce costs, business climate, business performance, economic and competitive uncertainties, higher manufacturing costs, reduced level of customer orders, changes in strategies, risks in developing new products and technologies, environmental and safety regulations and clean-up costs, foreign exchange rates, the impact of changes in the value of pension fund assets and liabilities, changes in generally accepted accounting principles, adverse legal and regulatory developments, including increases in the number or financial exposures of claims, lawsuits, settlements or judgments, or the inability to eliminate or reduce such financial exposures by collecting indemnity payments from insurers, the impact of increased accruals and reserves for such exposures, and adverse changes in economic and political climates around the world, including terrorism and international hostilities, and other risk factors identified by the Company. Accordingly, there can be no assurance that the Company will meet future results, performance or achievements expressed or implied by such forward-looking statements. This paragraph is included to provide safe harbor for forward-looking statements, which are not generally required to be publicly revised as circumstances change, and which the Company does not intend to update.
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