Report
- GRI Index
- Scope of Reporting
- Message from our Chairman
- Stakeholder Dialogue
- Highlights
- Economic Sustainability
- Environmental Sustainability
- Social Sustainability
Contact Information
Global Nalco LocationsLocal Sales Offices
Energy Services Contacts
Asia Pacific Regional Support Centers
2 International Business Park #02-20
The Strategy Tower 2
Singapore 609930
Tel: +65 6505 6868
Fax: +65 6316 1172
18 Waterfront Pl.,
168 Daduhe Rd.
Shanghai 200062, PRC
Tel: +86-21-6183-2500
Fax: +86-21-6183-2400
Economic Sustainability
In 2010, we delivered another solid year of results while continuing to strengthen Nalco for the future.
Our sustainability services and technologies drove record sales of $4.25 billion, a 13 percent increase. We exceeded pre-financial crisis results and delivered on our goal of doubling revenue growth from our historic 3 to 4 percent annual rate.
Our earnings performance was strong as well. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $747 million also increased 13 percent above 2009 levels of $659 million.
We continue to focus on growth regions as part of our BRIC+ strategy. We are targeting opportunities in Brazil, Russia, India and China as well as the Middle East and Caspian region. Water scarcity challenges and increasing attention to environmental protection intersect with high industrial growth in these geographies, creating significant opportunities for Nalco to add value by providing our proprietary technologies and services.
Hiring in these developing countries was strong as we added more than 600 new employees in 2010. We are now training them to solve our customers’ most difficult challenges of saving water and energy, minimizing resource use and reducing their cost of operations.
Helping fund these growth investments are productivity savings from our company-wide GetFIT initiative, a program that asked employees to identify how to improve operations and reduce costs.. GetFIT developed out of necessity in the crisis of 2008 but now has become an embedded operating philosophy engaging all employees around the world. Our 2010 productivity savings of $122 million, again exceeded our $100 million annual target.
Helping our customers succeed is our goal and this provides our people with energizing growth opportunities. We take pride in helping keep the world’s water clean, reducing energy use and protecting the air we breathe.
In addition to the Financial Highlights found here, detailed economic results can be found in our 2010 Annual Report.
