Ecolab Investor Relations Material
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Q3 2024
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Water, Hygiene and Infection Prevention
Ecolab Inc. is an American corporation that offers a variety of services in water, hygiene, and infection prevention solutions and services. The company provides products and services to a variety of sectors, including healthcare, food service, and hospitality. Ecolab operates in more than 170 countries, offering services such as water treatment, cleaning and sanitizing solutions, pest control, and infection prevention. It is headquartered in Saint Paul, Minnesota, and its shares are listed on the NYSE.
Absorbit
Ecolab Inc.'s history dates back to 1923 when it was founded by Merritt J. Osborn as Economics Laboratory in St. Paul, Minnesota. Initially, the company focused on a single product, a carpet cleaning agent called Absorbit. During the 1930s and 1940s, the company expanded its product line and entered into the ware washing market, primarily doing business with hotels and restaurants.
The 1950s saw further growth as Ecolab ventured into the institutional sector, providing services to hospitals and schools. This period also marked the beginning of its international expansion, starting with ventures in Canada and Europe. In the subsequent decades, Ecolab diversified its portfolio and customer base through a series of strategic acquisitions. The late 20th and early 21st centuries saw Ecolab solidifying its position and today the company has operations in over 170 countries, offering a wide range of products and services in water, hygiene, and infection prevention. The company operates in the same sector as Clorox and Diversey Holdings.
Hospitality and Healthcare
In the hospitality industry, Ecolab provides comprehensive cleaning and sanitation solutions tailored to the unique needs of hotels, restaurants, and food service providers. These solutions include detergents, disinfectants, and specialized products for kitchen hygiene, as well as programs for water and energy conservation, in turn helping the customers
Ecolab provides infection prevention for healthcare facilities with a range of products designed to ensure sterile environments. This includes hand hygiene solutions, surface disinfectants, and sterilization products.
Industrial and Chemical
In industrial settings, Ecolab offers water treatment services, helping companies manage their water usage efficiently and sustainably. This is particularly useful in industries like energy production and manufacturing, where water management is a key aspect of daily operations. Lastly, Ecolab's energy services include chemical solutions and technologies designed to optimize oil and gas production processes. This includes corrosion inhibitors, scale control, and water treatment chemicals tailored to the specific needs of the energy sector.