NAPERVILLE, Ill., April 28, 2011 /PRNewswire/ -- Nalco (NYSE: NLC),
providing essential expertise for water, energy and air, announced
today it will be enacting a transportation and energy surcharge on
products shipped to North American customers in select industries,
effective May 1, 2011.
(Logo: http://photos.prnewswire.com/prnh/20101231/NALCOLOGO)
The surcharge is necessary due to the significant and rapidly
escalating increases associated with fuel and energy costs. This
surcharge will be based on total pounds shipped and the average
fuel price for diesel as reported by the U.S. Department of Energy
website at www.eia.doe.gov.
"The ongoing and rapid increase of our transportation and energy
costs makes it necessary to impose surcharges for customers in
North America, while allowing for
adjustment with cost fluctuations," said David Flitman, Nalco Senior Executive Vice
President and President, Water and Process Services.
A separate invoice for customers will be generated on the 15th
of each month for the duration that this surcharge is in effect.
The surcharge amount will be calculated based on total pounds
shipped and the average U.S. on-highway diesel price for the
previous month.
About Nalco
Nalco is the world's largest sustainability services company
focused on industrial water, energy and air applications;
delivering significant environmental, social and economic
performance benefits to our customers. We help our customers reduce
energy, water and other natural resource consumption, enhance air
quality, minimize environmental releases and improve productivity
and end products while boosting the bottom line. Together our
comprehensive solutions contribute to the sustainable development
of customer operations. Nalco is a member of the Dow Jones
Sustainability World and North America Indexes. More than 12,000
Nalco employees operate in 150 countries supported by a
comprehensive network of manufacturing facilities, sales offices
and research centers to serve a broad range of end markets. In
2010, Nalco achieved sales of $4.25
billion. For more information visit www.nalco.com.
Follow us on Twitter at www.twitter.com/Nalco_News and
www.twitter.com/NalcoCompany.
SOURCE Nalco