NAPERVILLE, Ill., July 27, 2010 (GLOBE NEWSWIRE) -- Nalco (NYSE:NLC - News), providing essential expertise for water, energy and air, generated strong revenue and earnings growth for the second quarter ended June 30, 2010, partially aided by its role in supporting Gulf of Mexico response efforts.
Second quarter revenue grew 19 percent to $1.09 billion, largely due to 17 percent organic growth. Excluding $70 million in sales of dispersants used by the government and BP in responding to the Gulf of Mexico oil spill, sales grew 9 percent organically.
I guess that BP wasn't the only one using dispersants.
They will have an earnings call tomorrow morning, I may listen, I'd love to know how much dispersant they sold to get their 70 million dollars, and if they have any competitors that also sold dispersant.
julie77