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Nalco Reaches Agreement to Sell Marine Chemicals Business Nalfleet to Wilhelmsen Ships Service

(Naperville, Ill.) Nalco (NYSE: NLC), providing essential expertise for water, energy and air, announced today it reached a definitive agreement to sell its NALFLEET marine chemicals unit to Norway’s Wilhelmsen Ships Service for $41 million.

"The marine chemicals business is not a core part of our industrial water and process treatment businesses,” said Nalco Chairman and Chief Executive Officer J. Erik Fyrwald. “NALFLEET, as a part of Wilhelmsen Ships Service, joins the world’s largest maritime services network and will have greater access to global shipping customers and market growth opportunities. At the same time this sale allows Nalco to sharpen our focus on markets in which we have clear leadership positions with the best opportunities for success."

Nalco will be transferring certain assets relating to NALFLEET to Wilhelmsen Ships Service, but supply chain-related assets are not included. The transaction is expected to close during the first quarter.

For product information, please visit Nalfleet Interactive Management System (NIMS) at  For more information about Wilhelmsen Ships Service, please visit  For any other queries regarding the acquisition or future business opportunities, please contact