Nalco Company and Argonne National Laboratory Team Up to Improve Water Management for Coal-Based Power Plants


NAPERVILLE, Ill. and ARGONNE, Ill., Dec. 13, 2006 (PRIME NEWSWIRE) -- Nalco Company (NYSE:NLC), the global leader in industrial water treatment, and Argonne National Laboratory today announced a joint research partnership to develop advanced technologies to reduce, reuse and recover power plant cooling water. Cooling water is essential to power plants, which consume more than 100 billion gallons daily in the United States. Advances in technology have the potential to reduce fossil fuel power plant water withdrawal and consumption, leading to more efficient use of water and energy.

"Coal-based power plants have re-emerged as the preferred fuel type in new plants to be built in the next decade. Increasingly, water management has become a crucial issue for construction and operation of power plants," said Tom Archakis, Global Marketing Manager for Nalco's Power Strategic Business Unit.

"Argonne National Laboratory has unique R&D capabilities in advanced separations technologies, which complement Nalco's strengths," added Manian Ramesh, Nalco Vice President, Research and Development. "Partnering with Argonne enables Nalco to use a wider range of technical approaches and develop the best solution for the power industry."

"We are excited by the opportunity to work with Nalco, a company that develops state-of-the-art water treatment technologies," stated Seth Snyder, a biochemical engineer and the leader of the Chemical and Biotechnology Section in Argonne's Energy Systems Division. "This project enables us to see ideas that started as computer models, developed by co-investigator Yupo J. Lin, grow into technologies that meet a growing societal need to reduce freshwater use and wastewater discharge."

Under the partnership, Nalco and Argonne will develop the technology, knowledge and strategies for optimum water utilization, resulting in lower treatment costs and less environmental impacts. This three-year research project is funded jointly by the U.S. Department of Energy (DOE), National Energy Technology Laboratory's (NETL) Innovations for Existing Plants (IEP) program and Nalco.

About Nalco

Nalco 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 70,000 customer locations representing a broad range of end markets. It has established a global presence with more than 10,900 employees operating in 130 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers. In 2005, Nalco achieved sales of more than $3.3 billion. For more information, visit www.nalco.com.

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About Argonne

The nation's first national laboratory, Argonne National Laboratory conducts basic and applied scientific research across a wide spectrum of disciplines, ranging from high-energy physics to climatology and biotechnology. Since 1990, Argonne has worked with more than 600 companies and numerous federal agencies and other organizations to help advance America's scientific leadership and prepare the nation for the future. Argonne is managed by UChicago Argonne, LLC for the U.S. Department of Energy's Office of Science.

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, ability to execute price increases, 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 regulation or 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, weather-related factors, 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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