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1928
National Aluminate Corporation is incorporated in Illinois on May 1. The company results from the union of two companies with Chicago roots: Chicago Chemical Company and Aluminate Sales Corporation.
1929
National Aluminate Corporation forms Visco in Sugar Land, Texas. The firm sold an additive for drilling mud which is a mixture of clay and water use in drilling oil wells. This helped establish Nalco in the oil industry
1952
First Foreign subsidiary, Nalco Italiana
1959
Nalco forms Nalco de Mexico
1962
Nalco enters into a joint venture with ICI of Australia and New Zealand
1986
Nalco consolidates groups from the Energy Chemicals Division and Oil Field Services Division to form a new Petroleum Chemicals Division to be headquartered in Sugar Land. The new Petroleum Chemicals Division will include Visco Chemicals, Refinery Process Chemicals, Additives, Adomite Chemicals and Gas and Oil Handling Chemicals Groups.
1994Combining the best of both companies, Nalco and Exxon Chemical Company announce the formation of Nalco/Exxon Energy Chemicals, L.P.
1999
On June 27, Nalco enters into merger agreement with Suez Lyonnaise des Eaux, a $32 billion company with more than 200,000 employees worldwide. The move also integrates Suez Lyonnaise's existing water treatment group, Aquazur and Calgon Corporation, into existing Nalco operations to create "the new Nalco
2003
The Blackstone Group, Apollo Management L. P. and Goldman Sachs Capital Partners buy Ondeo Nalco
2007
Nalco purchases majority share of Mobotec and enters air pollution control market as Nalco Mobotec
Chairman of the Board, President and Chief Executive Officer
Nalco Holding Company
Naperville , IL
Sector: BASIC MATERIALS / Synthetics
Officer since February 2008
Director , Eli Lilly & Company
Indianapolis , IN
Sector: HEALTHCARE / Drug Manufacturers - Major
50 Years Old
Mr. Fyrwald joined our Company as Chairman, President and Chief Executive Officer in February 2008. Between 2003 and 2008, Mr. Fyrwald was Group Vice President of the Agriculture and Nutrition division of E. I. duPont[/] de Nemours and Company. Before that he was Vice President and General Manager of DuPont?s Nutrition and Health Business. Mr. Fyrwald also serves on the board of directors for Eli Lilly and Company. He holds a chemical engineering degree from the University of Delaware and completed the Advanced Management Program at Harvard Business School
J. Erik Fyrwald joined Nalco as Chairman, President and Chief Executive Officer in February 2008.
From 2003 to 2008 Mr. Fyrwald served as Group Vice President of the Agriculture and Nutrition division at E.I. du Pont de Nemours and Company. From 2000 until 2003 he was Vice President and General Manager of DuPont’s Nutrition and Health business. In 1999, Mr. Fyrwald was Vice President for Corporate Strategic Planning and Business Development. At DuPont, Mr. Fyrwald held a broad variety of assignments in a number of divisions covering many industries. He has worked in several locations throughout North America and Asia.
Mr. Fyrwald first worked at DuPont in summer jobs while attending the University of Delaware, where he received a B.S. degree in chemical engineering in 1981. He also took part in the Advanced Management Program at Harvard Business School.
In addition to serving as Chairman of Nalco’s Board of Directors, Mr. Fyrwald serves as a Director of Eli Lilly and Company, the Society of Chemical Industry and the American Chemistry Council
1987
The firm launches Blackstone Capital Partners
1990
Blackstone Alternative Asset Management (BAAM) is founded
1991
The Financial Advisory practice is formed
1992
Blackstone’s Real Estate group is established
1999
The Corporate Debt group is formed
2000
Blackstone opens its London office
2002
The Blackstone Real Estate Partners (BREP) International Fund receives €800 million in commitments, expanding Blackstone’s resources for global real estate investments.
2004
The firm’s expansion continues, with the opening of offices in Paris, France and Atlanta, Georgia.
Blackstone announces a strategic alliance with Patria-Banco de Negocios to develop corporate financing solutions for the Brazilian market.
2005
The Park Hill Group, a fund placement business, is established.
Blackstone opens an office Mumbai.
2008
GSO Capital Partners is acquired, firmly positioning Blackstone as one of the largest credit-oriented alternative asset managers.
Blackstone opens a representative office in Beijing.
The Blackstone Charitable Foundation is established, 2009
Blackstone signs an agreement with the Government of Pudong China
The stinger?
The firm was founded in 1985 as a mergers and acquisitions boutique by Peter G. Peterson, David M. Lubotta and Stephen A. Schwarzman, who had previously worked together at Lehman Brothers
I'll continue this article in my next post, but we know where this is going, right?
[edit on 5-7-2010 by OuttaTime]
* Peterson succeeded David Rockefeller as Chairman of the Council on Foreign Relations in 1985 and served until his retirement in 2007
* He currently serves as Trustee of the Rockefeller family's Japan Society and of the Museum of Modern Art, and was previously on the board of Rockefeller Center Properties, Inc..
* He is founding Chairman of the Peterson Institute for International Economics (formerly the Institute for International Economics, renamed in his honour in 2006), and a Trustee of the Committee for Economic Development
* He was also Chairman of the Federal Reserve Bank of New York between 2000 and 2004
*Peterson was Chairman and CEO of Lehman Brothers (1973–1977) and Lehman Brothers, Kuhn, Loeb Inc. (1977–1984
Late last month, Apollo Management LP and Goldman Sachs Capital Partners lost a heated auction to Blackstone Group for Suez SA's U.S. based chemical maker Ondeo Nalco Co.
Undeterred, the two private equity firms spent the first week of September muscling into a co-lead position alongside Blackstone in the multibillion-dollar deal.
French utilities group Suez said Thursday, Sept. 4, that it's selling Naperville, Ill.-based Ondeo Nalco, which makes specialty chemicals used in water treatment and in industrial processes that separate liquids from solids, according to a source involved in the auction.
The buyers will pay $4.35 billion, including the assumption of leases worth $150 million, which Suez said equates to an Ebitda multiple of 8.1.
A lending group will underwrite a loan and bond commitment of about $3.2 billion, the buyers said in a separate statement Thursday. The buyout groups did not reveal the names of the lenders, but sources said Wednesday the group could include Citigroup as lead financer as well as UBS Warburg, J.P. Morgan, Bank of America Corp., Goldman, Sachs & Co. and Deutsche Bank AG
If you dig a little deeper you will find NALCO is also associated with Warren Buffett, Maurice Strong, Al Gore, Soros, Apollo, Blackstone, Goldman Sachs, Hathaway Berkshire.
Warren Buffet /Hathaway Berkshire increased their holdings in NALCO just last November. (Timing is everything).
NALCO is associated with the University of Chicago Argonne program. The Obamas both worked for the University of Chicago. UChicago Argonne received $164,000,000 in stimulus funds this past year and just added two new executives to its roster: one from NALCO, the other from the Department of Education.
Nalco is the company providing and reaping big bucks from the toxic dispersant Corexit. Nalco is in partnership with World Wildlife Fund. World Wildlife Fund was founded by Prince Philip (well known for his quotes for the need of human population control). Nalco co-sponsored the Business for Environment (B4E) Global Summit along with World Wildlife Fund. Nalco is actually owned by Blackstone Group. The Blackstone Group (along with BP) is a member of The Council on Foreign Relations. Peter G. Peterson was Senior Chairman and Co-Founder of Blackstone. Peterson has ties with John D. Rockefeller III. Peterson succeeded David Rockefeller as Chairman of the Council on Foreign Relations in 1985 thru 2007. Mr. Peterson was also Chairman of the Federal Reserve Bank of New York and CEO of Lehman Brothers.
The more you investigate into the “who’s who” of BP, Haliburton, Transocean, Nalco, Blackstone … you find deep, interlaced, revolving door (thick as oil) connections to Goldman Sachs, Citibank, Council on Foreign Relations, Trilateral Commission, Bilderberg and yes, even Sara Lee.
* Rockefeller owns Exxon (Standard Oil); queen of Nederland owns BP; queen of England owns Shell Oil controlling share 40%; queen of Nederland owns Royal Dutch Shell.
* Rothschild owns Goldman Sachs.
* Rockefeller owns JP Morgan Chase. JP Morgan owns controlling share of the Federal Reserve Bank. [3]
* Rockefeller owns every major (transnational) pharmaceutical company. [3]
* Rockefeller owns the cancer industry and core medical information technology, including the data sheets every office and doctor uses.[3]
* Rockefeller owns ConAgra (the power grid infrastructure for the northeastern North American continent.)
Originally posted by Daughter2
Nalco's Naperville location is just a few miles from BP's large research center in Warrenville, IL. Until recently, BP's North America offices were in this area too - a while back they decided to move everything to Houston.
ConAgra and Exelon are also in the same area. Sara Lee is about 10 miles away.
[edit on 6-7-2010 by Daughter2]
Exelon
Generator and provider of natural gas, coal, hydro, nuclear, solar, and wind-generated electricity. Parent company of PECO and ComEd (Commonwealth Edison)
2/4/2010 12:31:01 PM
NAPERVILLE, ILL. — Nalco, a water treatment and process improvement company with employees in 130 countries, has endorsed the CEO Water Mandate to show its support of the United Nations Global Compact, according to a press release.
The CEO Water Mandate addresses water sustainability solutions in six areas: Direct operations; supply chain and watershed management; collective action; public policy; community engagement; and transparency, the release stated.
“As the global leader in industrial water treatment, we recognize water use and availability is a critical global issue that negatively impacts millions,” said Chairman and CEO Erik Fyrwald in his letter to United Nations Secretary General H. E. Ban Ki-moon.
The UN estimates that by 2025 1.8 billion people will live in countries or regions suffering from absolute water scarcity, according to the release.
Originally posted by Redwookieaz
Great work there my friend! You've managed to put together at least the initial bits of information to show the tangled web of the scum NWO at work here and that they certainly have a vested interest in what's going on in the gulf. Also the corexit being poured into said gulf. I'm willing to bet that as usual the intended end result, what they are up to in the gulf, is more consolidation of power and more sick and/or dying peasants. Thanks for the heads upp! I would pass this along to any journalists perhaps that are willing to help expand on it or publish the info! S&F!
Originally posted by OuttaTime
Originally posted by Redwookieaz
Great work there my friend! You've managed to put together at least the initial bits of information to show the tangled web of the scum NWO at work here and that they certainly have a vested interest in what's going on in the gulf. Also the corexit being poured into said gulf. I'm willing to bet that as usual the intended end result, what they are up to in the gulf, is more consolidation of power and more sick and/or dying peasants. Thanks for the heads upp! I would pass this along to any journalists perhaps that are willing to help expand on it or publish the info! S&F!
Thanks. I wanted to do a little background on Nalco since we are dumping their toxins in the ocean like it was fun. As I got involved, I found out that Nalco isn't just some podunk little factory that makes oil dispersants. They're in bed with BP, Blackstone, Apollo, Goldman, Warren Buffet, Soros, Obama, the UN, CFR, Trilateral Commission, and all around international corporatists profiteers. And judging from the info so far, they had a heads up (had barrels and barrels and barrels of CorExit just sitting around, eh?), plus the investors were dumping BP/Horizon stock and Nalco was getting wealthy. They're more worried about their prominence in the world political arena instead of creating all these tens of thousands of jobs here in the US. I'm sure they'll want Americans making the CorExit, but the foreigners get the highly industrialized jobs.
I'm still stringing this whole thing together as it's like a box of marbles now
edit to add: I forgot which site I read it on, but I also read that BP was considering finding ways to manufacture MORE corexit, since, apparently, they aren't dumping enough of it fast enough already
[edit on 6-7-2010 by OuttaTime]
[edit on 6-7-2010 by OuttaTime]
Originally posted by ahmonrarh
i was able to pull a cached .pdf concerning the page you said they removed info from. but how can i upload it here?
but when i started reading this, without warning, i involuntarily said "oh my god..." when reading from the list of "who's your bedfellow?!" you posted up.
well...bump that. the biggest problem i have now, is that since i've dloaded that pdf, which is related to nalco, my computer is SUPER SLOW....as in this took me 10min to type. ill restart the pc.... brb
[edit on 7-7-2010 by ahmonrarh]
Hall: Mr. McKay, I was curious about the choice of dispersant, Corexit 9500,which is being manufactured by a company called Nalco Holding Co. in which a former 11-year board member of BP sits on the Nalco board. Do you know approximately how much money BP has paid so far to Nalco for this dispersant?
McKay: I'm sorry, I don't.
Hall: Could you get the -- communicate that information, please.
McKay: We can get that.
Hall: Why do you think Corexit would have been chosen over, as Mr. Nadler [Rep. Jerrold Nadler (D-N.Y.)] said, a less toxic and more effective product like Dispersit, for instance, which you would think would be a better choice, and did BP talk to -- did your company talk to the manufacturers of the other dispersants to find out if they were available?
McKay: I've not been personally involved in the choices around the dispersants and what's happened in terms of talking to companies and understanding the availability, the effectiveness or the choices they have made. We can get you some information on that. I've just not been involved in that.
There was a similar exchange between McKay and Rep. Nadler:
Nadler: Corexit is 2.61 in toxicity, which means it's highly toxic. It has an effectiveness of 54.7 in the south Louisiana crude-oil spill.
[Dispersit] is 7.9 toxicity, which means it's a lot less toxic, but it has an effectiveness rate of 100%. Mare Clean 200, its toxicity rate is 42, which is much, much better. Its effectiveness rate is 84, compared to Corexit at 54.
Now, you remember you're under oath. Who decided -- and don't tell me the National Incident Command. They authorized the use, as I understand, of any dispersant on this list. Who decided which dispersant to use -- BP?
McKay: I don't know the --
Nadler: You don't know.
McKay: I don't know the individual who decided --
Nadler: I didn't ask the individual. Was it the BP who decided or was it the government who decided, or the National Incident Command?
McKay: I don't know. I don't --
Nadler: You don't know. Could you find out for us, please?
McKay: Yes.
Douglass Pertz of Mosiac
Former Director
Mosaic Co.
Director
Nalco Finance Holdings LLC
Director
Nalco Holdings LLC
1995-Present
Former Chief Executive Officer, President and Director
Culligan International Company
1998-Present
Former Chairman of the Board, Chief Executive Officer and Member of Executive Committee
Mosaic Global Holdings Inc.
2001-Present
Former Director and Director of Compass Minerals International Inc
Compass Minerals Group, Inc.
2001-2005
Former Director and Director of Compass Minerals Group
Compass Minerals International Inc.
2004-Present
Former Director
Bowater Incorporated
2004-Present
Independent Director, Chairman of Compensation Committee, Member of Audit Committee and Member of Special Committee
Nalco Holding Co.
2004-Present
Former Director
AbitibiBowater, Inc.
2008-Present
Former Chief Executive Officer, President and Interim Chief Operating Officer
Clipper Windpower Plc
2008-2010
Former Chief Executive Officer, President and Interim Chief Operating Officer
Clipper Windpower Plc
Daniel Sanders - ExxonMobil
Director
Milliken & Company, Inc.
Director
Nalco Finance Holdings LLC
Director
Nalco Holdings LLC
2004-Present
Independent Director, Chairman of Compensation Committee and Member of Corporate Governance Committee
Arch Chemicals Inc.
2004-Present
Director, Member of Compensation Committee and Member of Environmental, Health & Safety Committee
Celanese Corp.
2004-Present
Director
Celanese Chemicals, Inc.
2004-Present
Director
Celanese Emulsions GmbH
2005-Present
Director, Chairman of Special Committee, Chairman of Safety, Health & Environment Committee and Member of Compensation Committee
Nalco Holding Co.
Richard B. Marchese
Independent Director, Chairman of Audit Committee, Member of Nominating & Corporate Governance Committee and Member of Special Committee, Nalco Holding Co.
Director
Nalco Finance Holdings LLC
Director
Nalco Holdings LLC
2004-Present
Lead Independent Director, Member of Audit Committee and Member of Executive Committee
Quality Distribution Inc.
2004-Present
Member of Board of Managers
Quality Distribution, LLC
2005-Present
Independent Director, Chairman of Audit Committee, Member of Nominating & Corporate Governance Committee and Member of Special Committee
Nalco Holding Co.
2005-Present
Independent Director, Member of Compensation Committee and Member of Audit Committee
Bluelinx Holdings Inc.
2009-Present
Director
TPC Group Inc
Rodney Chase
Member of European Advisory Council, Lehman Brothers Holdings Inc
Former Executive Director
BP plc
Director
Nalco Company
Interim Chairman
Nalco Finance Holdings, Inc.
1999-Present
Former Senior Non Executive Director, Chairman of Remuneration Committee, Member of Audit Committee and Member of Nominating Committee
Diageo plc
2001-Present
Independent Director, Chairman of Audit Committee and Member of Nominating/Corporate Governance Committee
Computer Sciences Corporation
2002-Present
Former Deputy Chairman, Chairman of Governance Oversight Committee, Member of Audit Committee, Member of Nominations Committee and Member of Remuneration Committee
Tesco PLC
2005-Present
Lead Independent Director, Chairman of Nominating & Corporate Governance Committee, Member of Audit Committee and Member of Special Committee
Nalco Holding Co.
2005-2008
Lead Independent Director, Chairman of Nominating & Corporate Governance Committee, Member of Audit Committee and Member of Special Committee
Nalco Holding Co.
2005-Present
Chairman of the Board and Chairman of Nominations Committee
Petrofac Limited
2006-Present
Independent Director, Member of Audit Committee and Member of Environmental, Health & Safety Committee
Tesoro Corporation
2007-Present
Director
Nalco Finance Holdings LLC
Carl Casale
Carl M. Casale has been Special Assistant to the Chief Executive Officer of Monsanto Co., since September 1, 2009 and serves as its Chief Financial Officer and Executive Vice President. Mr. Casale served as Executive Vice President of Strategy and Operations at Monsanto Co. from October 2007 to September 1, 2009
2008-Present
Director, Member of Nominating & Corporate Governance Committee and Member of Safety, Health & Environment Committee
Nalco Holding Co.
Paul J Norris
Mr. Paul J. Norris is a Senior Advisor at Kohlberg Kravis Roberts & Co. and provided advisory services since May 2005. He served as the Chief Executive Officer of the firm from November 1, 1998 to May 31, 2005 and President from November 1, 1998 to November 2003. Mr. Norris also served as the Consultant of the firm since January 19, 2005. Prior to this, he was a Senior Vice President of Allied Signal Inc.
1998-Present
Former Director
W.R. Grace & Co.
1998-2003
Former Director
W.R. Grace & Co.
1998-2005
Former Director
W.R. Grace & Co.
1998-2010
Former Director
W.R. Grace & Co.
2001-Present
Former Director
Hexion Specialty Chemicals, Inc.
2006-Present
Independent Director, Member of Compensation & Organization Committee and Member of Public Policy Committee
FMC Corp.
2006-Present
Non Executive Chairman and Member of Compensation Committee
Sealy Corporation
2006-Present
Non-Executive Chairman of Sealy Corporation, Chairman of Executive Committee and Member of Compensation Committee
Sealy Mattress Company
2009-Present
Director, Member of Safety, Health & Environment Committee and Member of Compensation Committee
Nalco Holding Co.
Mary Margaret VanDeWeghe
Senior VP of Finance - Lockheed Martin
Director
Brown Investment Advisory & Trust Co.
Former Director
Optical Process Automation, Inc.
2009-Present
Director, Member of Audit Committee and Member of Nominating & Corporate Governance Committee
Nalco Holding Co.
Announced 04/19/10
Res-Kem Corporation
Merger/Acquisition
Nalco Holding Co. (NYSE: NLC) acquired Res-Kem Corporation on April 19, 2010. The financial terms of the deal were not disclosed. The acquisition also includes General Water Services of Philadelphia.
NLC's price was unchanged after the transaction was announced on 04/19/10.