SUGAR LAND, Texas, March 13, 2007 (PRIME NEWSWIRE) -- Nalco Company (NYSE:NLC) today introduced its new Clean N Cor(tm) technology, a revolutionary cleaning and corrosion inhibitor treatment program designed to protect and maximize production from oilfields with oil sludge deposition challenges.
The deposition of sludge, often referred to as schmoo, on the inside of pipelines can cause serious injection restraints in produced water injection systems, increased incidence of localized corrosion and higher operating costs. Clean N Cor technology incorporates hands-on technical expertise with advanced chemistry and in-field monitoring to provide a comprehensive treatment solution that removes schmoo deposits from inner pipe walls and filter equipment and then prevents aggressive corrosion from taking place.
"Oil and gas producers demand more out of their producing assets than ever," said Steve Taylor, Vice President of Upstream Operations, Nalco Company. "As these assets age, producers will increasingly turn to novel, multifunctional technologies like Clean N Cor to keep their systems clean, corrosion-free and operating at maximum production levels."
Clean N Cor is built around a patented multifunctional chemistry, developed through an intensive research effort and then field proven in a series of aggressive trials. In the lab or in the field, Clean N Cor outperformed the competition by removing 99 percent of oilfield schmoo from dirty production equipment in a fraction of the time it took conventional inhibitors to remove just 30 percent.
In one customer's water injection system, this level of schmoo removal translated to 75 percent more water being injected, resulting in increased oil production and an 800 percent return on investment. Once the schmoo had been removed, Clean N Cor prevented it from re-adsorbing. The Clean N Cor technology then protected the pipe surface by providing a strong and persistent film that acted as a barrier to corrosive fluids. The required dosage to maintain an acceptably low corrosion rate was nearly 20 percent lower than the dosage required for conventional corrosion inhibitors.
"The introduction of Clean N Cor technology is just the latest example of Nalco Company's innovative solutions that allow our customers to maximize production revenue while minimizing the risks associated with corrosion failures," said Taylor. "Our position as an industry leader is built on both our unique research and development process, and on our world-class team of field engineers who bring their skills and experience to our customers to implement these programs successfully."
About Nalco
Nalco is the leading provider of integrated water treatment and process improvement services, chemicals and equipment programs for industrial and institutional applications.The company currently serves more than 70,000 customer locations representing a broad range of end markets. It has established a global presence with more than 11,000 employees operating in 130 countries supported by a comprehensive network of manufacturing facilities, sales offices and research centers. In 2006, Nalco achieved sales of more than $3.6 billion.
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