IHS Chemical Week

People & Business :: Earnings/Finance

Ecolab to Cut 500 Jobs in Merger-Related Restructuring

9:11 AM MST | January 19, 2012 | Vincent Valk

Ecolab says it expects to eliminate 500 jobs as part of an effort to reduce operating costs by $250 million/year by 2014 following its acquisition of Nalco late last year. The cost savings target is up from a prior forecast of $150 million. In 2012, the Nalco merger is expected to generate $75 million in cost savings, up from a prior forecast of $35 million. Ecolab says that it expects to incur $180 million in merger-related restructuring costs from the fourth-quarter of 2011 through the end of 2013. It expects to incur $300 million in additional special charges...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa