HOUSTON, June 1, 2005 (PRIMEZONE) -- In response to increasingly severe hydrate formation conditions, Nalco Company introduces the KHI-MAX program, the latest innovation in low-dosage hydrate inhibitors (LDHI). This technology is based on the benefits of combining a state-of-the-art polymeric low dosage hydrate inhibitor with methanol or ethylene glycol.
The KHI-MAX system is ideal for deepwater applications because it can perform in high sub-cooling environments and its lower dose rates result in simplified logistics. Further, it has been specifically formulated for umbilical application.
Additionally, well life may be extended with the use of the KHI-MAX program. The chemistry has been designed to handle systems with higher water cuts, which in the past may have required production curtailment or abandonment when using methanol alone.
"The KHI-MAX addition to our FREEFLOW LDHI programs enable more operators to look beyond traditional methanol programs," notes Christopher Houston, Business Development Manager of the Flow Assurance team at Nalco.
"KHI-MAX has a significantly improved health, safety and environmental profile when compared to traditional methanol or glycol applications," Houston adds.
Since 1998, Nalco has successfully deployed LDHI programs around the world and in a variety of field conditions.
It is estimated that the oil and gas industry spends upwards of $3 billion annually to control hydrates. Methanol and ethylene glycol have been the traditional solutions for the control of hydrates but these chemicals have significant environmental, economic and logistical limitations on their application. Nalco has launched a series of field proven low dosage hydrate inhibitors as viable, safer alternatives to traditional methanol applications.
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.
The Nalco Company logo can be found at: http://www.primezone.com/newsroom/prs/?pkgid=1135
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.