Nalco Company
Nalco Mobotec Part of Consortium That Wins $25 Million Air Pollution Control Contract With Polish Utility
Nalco Company / Release of a Corporate News, transmitted by DGAP - a company of EquityStory AG. The issuer / publisher is solely responsible for the content of this announcement. ---------------------------------------------------------------------- WALNUT CREEK, Calif., Dec. 22, 2008 (GLOBE NEWSWIRE) -- Nalco Mobotec, Inc., a global leader in combustion optimization and multi-pollutant reduction, announced today it was part of a three-member consortium to be awarded a $25 million (72 million PLN) contract to install air pollution control equipment at PGE Elektrownia's power plant in Opole, Poland. Nalco Mobotec, through its subsidiary Mobotec Europe AB, will provide engineering for the project and manufacturing if its proprietary ROFA(r) (Rotating Opposed Fire Air) and ROTAMIX(r) technologies to modernize one of the Opole plant's four coal-fired power generation units to reduce emissions of nitrogen oxide (NOx). Nalco Mobotec's share of the project, which is scheduled for completion in January 2010, amounts to $8.1 million (23.2 million PLN). Remak Rozruch S.A. in Opole is the general contractor and lead company in the consortium. Sefako S.A. in Sedziszew will manufacture the large components for the project. ROFA technology sets the volume of the furnace in rotation via an asymmetric boosted over-fire air system, resulting in superior mixing and temperature distribution, for NOx reduction while optimizing combustion. The ROTAMIX system combines air injection nozzles with automatically regulated lances for the injection of chemicals into the furnace where the temperature is most favorable. About Nalco Mobotec Nalco Mobotec provides innovative solutions to the world's global air pollution challenges and offers practical approaches for the control of nitrogen and sulfur oxides (NOx /SOx), carbon monoxide, mercury and particulates. Nalco Mobotec's solutions can accommodate fuel flexibility, biomass conversions, or co-firing in boilers. Instead of requiring major capital equipment purchases, its engineered solutions approach optimizes current assets. Visit www.nalcomobotec.com. Nalco Mobotec is a subsidiary of Nalco Holding Company (NYSE: NLC) the global leader in water, energy, air and process technologies and services that deliver savings for customers and improve the environment. ROFA and ROTAMIX are registered trademarks of Mobotec AB. 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. CONTACT: Nalco Mobotec, Inc. Media Contact: Charlie Pajor 630 305 1556 cpajor@nalco.com News Source: NASDAQ OMX 22.12.2008 Financial News transmitted by DGAP ---------------------------------------------------------------------- Language: English Issuer: Nalco Company United States Phone: Fax: E-mail: Internet: ISIN: US62985Q1013 WKN: End of News DGAP News-Service ---------------------------------------------------------------------------
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