ECL

Ecolab Announces Announces Extension of Exchange Offer for 2.750% Notes Due 2055

Retrieved on: 
Wednesday, December 8, 2021
Utilities, Other Manufacturing, Health, Energy, Infectious Diseases, Chemicals, Plastics, Hospitals, Manufacturing, Securities and Exchange Commission (Philippines), NYSE, Registration statement, Originality, Inc., Prospectus, SEC, Securities Act of 1933, Security (finance), The Act, News, Form, Exchange, Ecolab, ECL, SEC filing, Register, Note, Act

Ecolab Inc. (Ecolab) (NYSE:ECL) today announced that it is extending to 11:59 p.m., New York City time, on December 9, 2021, its offer to exchange up to $684,751,000 in aggregate principal amount of its 2.750% Notes due 2055 (the Exchange Notes), which have been registered under the Securities Act of 1933 (the Act), for an equal aggregate principal amount of its unregistered outstanding 2.750% Notes due 2055 (the Original Notes) in order to allow holders to tender in the exchange offer.

Key Points: 
  • Ecolab Inc. (Ecolab) (NYSE:ECL) today announced that it is extending to 11:59 p.m., New York City time, on December 9, 2021, its offer to exchange up to $684,751,000 in aggregate principal amount of its 2.750% Notes due 2055 (the Exchange Notes), which have been registered under the Securities Act of 1933 (the Act), for an equal aggregate principal amount of its unregistered outstanding 2.750% Notes due 2055 (the Original Notes) in order to allow holders to tender in the exchange offer.
  • The terms of the Exchange Notes are substantially identical to the terms of the Original Notes, except that the Exchange Notes have been registered under the Act, are not subject to restrictions on transfer, and do not entitle their holders to registration rights or special interest.
  • As of 11:59 p.m., New York City time, on December 7, 2021, which was the original expiration date of the exchange offer, $679,257,000 in principal amount of the outstanding Original Notes, representing 99.20% of the outstanding principal amount of the Original Notes, had been validly tendered in exchange for an equal aggregate principal amount of the Exchange Notes.
  • This news release is for informational purposes only and is not an offer to purchase any Original Notes or sell any Exchange Notes, or a solicitation of an offer to sell any Original Notes or purchase any Exchange Notes.

Ecolab Increases Cash Dividend 6%

Retrieved on: 
Thursday, December 2, 2021
Manufacturing, Health, Food, Beverage, Utilities, Infectious Diseases, Retail, Hospitals, Environment, Energy, Restaurant, Bar, Chemicals, Plastics, ECL, Health, Food safety, Hygiene, Food, Solution, Water, Holding company

The board of directors of Ecolab Inc. today declared a 6% increase in the companys quarterly cash dividend to $0.51 per common share, to be paid January 18, 2022, to shareholders of record at the close of business on December 14, 2021.

Key Points: 
  • The board of directors of Ecolab Inc. today declared a 6% increase in the companys quarterly cash dividend to $0.51 per common share, to be paid January 18, 2022, to shareholders of record at the close of business on December 14, 2021.
  • This increase results in a new indicated annual cash dividend of $2.04 per share in 2022 and represents Ecolabs 30th consecutive annual dividend rate increase.
  • Ecolab has paid cash dividends on its common stock for 85 consecutive years.
  • Commenting on the increase, Christophe Beck, Ecolabs President and Chief Executive Officer said, The cash dividend increase reflects Ecolabs strong financial position, cash flow and top and bottom-line performance in 2021, as well as our objective of returning our dividend payout ratio to historical levels.

Ecolab Closes on Purchase of Purolite

Retrieved on: 
Wednesday, December 1, 2021
Other Manufacturing, Environment, Utilities, Chemicals, Plastics, Manufacturing, Energy, Food, Beverage, Pharmaceutical, Health, Retail, ECL, Health, Food safety, Hygiene, Food, Inc., Solution, Acquisition, Water, Fine chemical, Pharmaceutical industry

Ecolab Inc. has closed on its previously announced acquisition of Purolite, a leading and fast-growing global provider of high-end ion exchange resins for the separation and purification of solutions for pharmaceutical and industrial applications.

Key Points: 
  • Ecolab Inc. has closed on its previously announced acquisition of Purolite, a leading and fast-growing global provider of high-end ion exchange resins for the separation and purification of solutions for pharmaceutical and industrial applications.
  • Headquartered in King of Prussia, PA, Purolite operates in more than 30 countries, with expected 2021 sales of approximately $0.4 billion.
  • Total consideration was approximately $3.7 billion.
  • A trusted partner at nearly three million commercial customer locations, Ecolab (ECL) is the global leader in water, hygiene and infection prevention solutions and services.

Ecolab’s Industrial Segment Announces Price Increase

Retrieved on: 
Friday, November 19, 2021
Chemicals, Plastics, Environment, Manufacturing, Hygiene, Industry, Transport, Global Industrial, Health, Contract, Solution, ECL, Investment, Water, Efficiency, Food safety, Food, EROI, Inc., Recycling

Price increases will vary by product category, with pricing for most Industrial segment programs averaging increases of 15%.

Key Points: 
  • Price increases will vary by product category, with pricing for most Industrial segment programs averaging increases of 15%.
  • Our focus for customers is consistent helping them achieve the best operating performance while optimizing the efficiency and total cost of their operations, said Darrell Brown, Ecolab executive vice president and president, Global Industrial.
  • The dramatic increase in cost pressures and the challenging availability of key raw materials over the past several months have made it necessary to raise prices.
  • Ecolab Industrial sales representatives will be available for customers to discuss the impact of these increases.

Schmechel to Retire; New Chief Financial Officer Announced

Retrieved on: 
Thursday, November 18, 2021
Retail, Other Energy, Environment, Utilities, Energy, Food, Beverage, Senior, Hygiene, Technology, Health, Controller, Energy, Leadership, Solution, ECL, Accounting, Water, Food safety, Food, Market for corporate control, Growth, Management

Ecolab announced that Dan Schmechel has decided to step down as its Chief Financial Officer December 31, 2021.

Key Points: 
  • Ecolab announced that Dan Schmechel has decided to step down as its Chief Financial Officer December 31, 2021.
  • Schmechel has been Ecolabs Chief Financial Officer since 2012.
  • Ecolabs Chief Executive Officer Christophe Beck announced that Scott Kirkland will become the companys Chief Financial Officer on January 1, 2022.
  • "Scott has been very intentionally prepared for the Chief Financial Officer position and is very qualified to assist Ecolab in achieving our aggressive growth goals," Beck said.

Ecolab Again Named to Dow Jones Sustainability World and North America Indices

Retrieved on: 
Thursday, November 18, 2021
Chemicals, Plastics, Environment, Manufacturing, Research, Hygiene, CEO, FTSE All-World index series, Blue chip (stock market), NYSE, Dow Jones Sustainability Indices, CSA, Health, Solution, ECL, Dow Jones, Goal, S&P Dow Jones Indices, DJSI, SPGI, S&P Global, Data, Climate change, Water, Dow Jones Industrial Average, Food safety, S&P, Food, Inc., Growth, Renewable energy, Risk management, Ecolab, S&P Dow Jones Indices, ECOLAB, S&P DOW JONES INDICES

Ecolab also was named to the DJSI North America Index for the seventh year in a row.

Key Points: 
  • Ecolab also was named to the DJSI North America Index for the seventh year in a row.
  • Sustainability has never been more relevant to our world, and it is core to what we do at Ecolab.
  • "We congratulate Ecolab for being included in the Dow Jones Sustainability World Index, said Manjit Jus, global head of ESG Research and Data, S&P Global.
  • For more information on the 2021 DJSI World Index and other Dow Jones Sustainability Indices, visit spglobal.com/esg/csa/ .

Ecolab Schedules Webcast of Industry Conference for November 9, 2021

Retrieved on: 
Wednesday, November 3, 2021
Food safety, Solution, News, Health, Hygiene, Food, Webcast, Water, ECL, Broadcasting

A replay of the webcast will be available through Nov. 30, 2021.

Key Points: 
  • A replay of the webcast will be available through Nov. 30, 2021.
  • To access the webcast, visit the News and Events section of Ecolabs Investor website at www.ecolab.com/investor and click on the webcast details.
  • A trusted partner at nearly three million customer locations, Ecolab (ECL) is the global leader in water, hygiene and infection prevention solutions and services.
  • www.ecolab.com

Ecolab Schedules Purolite Acquisition Webcast and Conference Call for October 29

Retrieved on: 
Thursday, October 28, 2021
Food safety, Solution, Health, Hygiene, Food, Webcast, Water, ECL, Dietary supplement, Pharmaceutical industry, Tissue paper

A replay of the webcast and supplemental data will be available on Ecolabs website.

Key Points: 
  • A replay of the webcast and supplemental data will be available on Ecolabs website.
  • A trusted partner at nearly three million customer locations, Ecolab (ECL) is the global leader in water, hygiene and infection prevention solutions and services.
  • With annual sales of $12 billion and more than 44,000 associates, Ecolab delivers comprehensive solutions, data-driven insights and personalized service to advance food safety, maintain clean and safe environments, optimize water and energy use, and improve operational efficiencies and sustainability for customers in the food, healthcare, hospitality and industrial markets in more than 170 countries around the world.
  • www.ecolab.com

Ecolab to Acquire Purolite, a Leading Global Provider of Fast-Growing, High Value Separation and Purification Solutions to Life Sciences and Critical Industrial Markets

Retrieved on: 
Thursday, October 28, 2021
Safety, Food safety, RNA transfection, Vaccine, Goal, J.P. Morgan & Co., GAAP, Vii, Element, Workforce, PFAS, Family, Health, Hygiene, U.S. Securities and Exchange Commission, Private Securities Litigation Reform Act, Security (finance), FDA, Lithium, Terminology, EV, ECL, Review, Risk, Food, Phrase, Webcast, Water, COVID-19, Forecasting, Form 10-K, News, Solution, Acquisition, GLOBE, Fine chemical, Real estate, Cryptocurrency, Insurance, Risk management

ST. PAUL, Minn., Oct. 28, 2021 (GLOBE NEWSWIRE) -- Ecolab Inc. has entered into an agreement to acquire Purolite, a leading and fast-growing global provider of high-end ion exchange resins for the separation and purification of solutions, that is highly complementary to our current offering and critical to safe, high quality drug production and biopharma product purification in the life sciences industries. It also provides purification and separation solutions for critical industrial markets like microelectronics, nuclear power and food and beverage. The acquisition is structured as a cash transaction valued at approximately $3.7 billion. Based in King of Prussia, PA, Purolite operates in more than 30 countries and employs approximately 1,000 people worldwide, with expected 2021 sales of approximately $0.4 billion.

Key Points: 
  • Large, growing market growth leader serving an estimated $5 billion global fluid separation and purification market, growing double-digits in biopharma and high single-digits in industrial.
  • It also provides purification and separation solutions for critical industrial markets like microelectronics, nuclear power and food and beverage.
  • Purolite will operate as a separate global business unit and its overall results will be reported within Ecolabs Life Sciences division.
  • It provides another strong and adjacent global growth platform within Ecolab with double-digit growth prospects in both our life sciences and industrial markets.

Eclypses Receives FIPS 140-3 Validation, Proves Efficacy and Security of its MTE Technology

Retrieved on: 
Wednesday, October 6, 2021
Insurance, Finance, Data Management, Consumer Electronics, Professional Services, Technology, Mobile, Wireless, Security, Umbra, penumbra and antumbra, Health, Federal Information Processing Standards, App Store (iOS/iPadOS), NIST, Federal Information Security Management Act of 2002, Multimedia, Mobile app, FIPS, CEO, Security, NVLAP, National Institute of Standards and Technology, Algorithm, National Institute, ECL, Organization, Government, Science and technology in Asia, MTE, Cryptocurrency, Online shopping

Seen as the gold standard in data security, the FIPS 140-3 validation proves that Eclypses MTE data protection technology effectively and consistently safeguards user data to ensure bad actors cannot access valuable information at any point during the data transmission process.

Key Points: 
  • Seen as the gold standard in data security, the FIPS 140-3 validation proves that Eclypses MTE data protection technology effectively and consistently safeguards user data to ensure bad actors cannot access valuable information at any point during the data transmission process.
  • Eclypses is committed to providing its customers with the most stringently reviewed technology to ensure their users data is protected.
  • With the FIPS 140-3 validation, Eclypses can continue to deliver data security for its finance, healthcare, retail and critical infrastructure clients.
  • For more information about Eclypses and MTE Technology, visit www.eclypses.com
    Eclypses, a disrupting cyber technology firm, offers organizations with an advanced data security solution not seen in todays environments, called MicroToken Exchange (MTE).