NAPERVILLE, Illinois, January 28, 2011 /PRNewswire/ --
Nalco (NYSE: NLC), providing essential expertise for water, energy and air, is implementing a price increase for customers across the Europe, Africa and Middle East (EAME) region, effective Feb. 1 or as contracts permit. Increases will average from 5 to 15 percent, in line with those recently announced globally. They are focused on the specific situation Nalco and its customers face in the EAME region. The level of increase will depend on the country and the specific Nalco program.
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"We have experienced significant raw material cost increases and some raw material availability shortages," said David Johnson, Nalco Executive Vice President and President, EAME. "We are also affected by REACH legislation costs impacting a relevant part of the EAME product line. By increasing our prices as our costs increase, we can continue to invest in research, manufacturing process improvements and development of our field engineers to enhance the sustainable solutions we provide and the value we create for our customers."
Nalco's sales engineers and key account managers will discuss the particular impacts of these increases with individual customers.
About Nalco
Nalco is the world's largest sustainability services company focused on industrial water, energy and air applications; delivering significant environmental, social and economic performance benefits to our customers. We help our customers reduce energy, water and other natural resource consumption, enhance air quality, minimize environmental releases and improve productivity and end products while boosting the bottom line. Together our comprehensive solutions contribute to the sustainable development of customer operations. Nalco is a member of the Dow Jones Sustainability Indexes. More than 11,500 Nalco employees operate in 150 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers to serve a broad range of end markets. In 2009, Nalco achieved sales of more than $3.7 billion. For more information visit www.nalco.com.
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Nalco
Media, Charlie Pajor, +1-630-305-1556, cpajor@nalco.com, or Investors, Lisa Curran, +1-630-305-1475, llcurran@nalco.com, both of Nalco
