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2 International Business Park #02-20
The Strategy Tower 2
Singapore 609930
Tel: +65 6505 6868
Fax: +65 6316 1172
18 Waterfront Pl.,
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Shanghai 200062, PRC
Tel: +86-21-6183-2500
Fax: +86-21-6183-2400
BusinessWeek Highlights Nalco
As investment titan Warren Buffet increased his stake in Nalco holdings to 9 million shares, BusinessWeek touted Nalco as a company well positioned to expect solid growth in the BRIC+ countries.
The article outlined growth strategies Nalco executed in 2008 and plans to complete in 2009 and beyond. Growth initiatives mentioned focused on inaugurating new manufacturing capabilities and increasing research and engineer headcount in offshore markets such as Brazil, Russia, India and China.
The magazine also noted that analysts and Nalco enthusiasts expect the company to "emerge stronger from tough times," citing as evidence Buffet's seal of approval.
