ECOLAB INC ECL

It was referred to as Economics Laboratory since its launch in 1923. Its founder, Merritt J. Osborn, had the intention of helping the community save on lightening labor and time. However, in 1986, it was renamed Ecolab.

The provider of water, hygiene, energy technologies, and services has established its base in St. Paul, Minnesota. It is a global company, which enhances people’s vital resources.

Ecolab’s business strategy is based on innovative solutions. Its original product was Absorbit, a cleaner for carpets in hotels. Soon after Soilax, a dishwasher soap hit the market. The company promotes and pushes for a clean environment, safe food, and water and energy optimization.

It has built its strengths in various core technologies such as water management, dispensing and monitoring, environmental and personal hygiene. Through efficiency and product quality, Ecolab Inc. has been able to serve about three million customers in different locations.

It is listed on the NYSE market with a presence in more than 170 countries globally.

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