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Business

Ecolab Buys Chinese Water Treatment Firm

by Jean-François Tremblay
June 22, 2015 | A version of this story appeared in Volume 93, Issue 25
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Ecolab has acquired a controlling stake in Jianghai Environmental Protection, a Chinese supplier of equipment, chemicals, and services used in industrial water treatment. Jianghai had sales of $90 million in 2014 and employs 550 people. With customers primarily in the chemical and power industries, the firm operates two plants in the city of Changzhou, which is a three-hour drive northwest of Shanghai. Ecolab became involved in the Chinese water treatment market through its 2011 acquisition of Nalco.

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