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Henkel to sell Ecolab stake


Publisher
Elsevier Science
Year
2009
Weight
65 KB
Volume
2009
Category
Article
ISSN
1351-4210

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โœฆ Synopsis


period of 2007), with Surface Chemistry accounting for โ‚ฌ622 M (โ‚ฌ583 M); EBITDA of โ‚ฌ599 M (โ‚ฌ608 M), EBIT of โ‚ฌ439 M (โ‚ฌ434 M), capital expenditure of โ‚ฌ176 M (โ‚ฌ146 M), and headcount of 11,070 (10,965). Within Surface Chemistry, revenue increased by 9% compared with 3Q 2007, driven primarily by price increases. Demand for surfactants in all regions was at a good level during the quarter, but the business was negatively impacted by two hurricanes that hit the Gulf Coast of the US. Gustav shut down key raw material suppliers, forcing the business to declare force majeure in certain product segments, while the Houston plant was later hit by Ike and was down for nine days. Nevertheless, operating performance improved significantly. The Alco and Personal Care businesses were operating slightly below the 3Q 2007 performance.


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