About the Company
Headquartered in St. Paul, Minnesota, Ecolab Inc., is a corporation that offers and develops an array of water, infection prevention and hygiene solutions and services. It is the global leader in its respective field and holds a customer location base of almost 3 million. It has about 50,200 employees among which more than 1,200 are engineers, scientists and technical specialists. As of 2020, it owns 9,400 patents and offers 323 products under 158 types of product lines.
Some of its products are 100LX, A-456 II Disinfectant QC, Adhesion Probe Cover, Advanced Antibacterial Foam Hand Soap, Alkaline Detergent, Antifoam LS, Apex Power, Aqua Balance Cal Hypo Shock etc. The company works with more than 40 industries such as retail, pulp and paper, transportation, food and beverage processing, building and facilities, power generation, life science, healthcare, primary metals, manufacturing etc. It offers 16 types of solutions to these industries like on-premise laundry, patient drapes, pest elimination solutions for retail stores, wastewater treatment, patient room cleaning, paper machine scale control, paint detackification, etc.
It entered the Fortune 500 list in the year 2003, and as of 2020, is the 213th company under it. Ecolab is also a component in the S&P 500 index, and trades in the New York Stock Exchange under the ticker symbol ECL since 1957.
Merritt J. Osborn founded the company in 1923 as Economics Laboratory, and it originally sold Absorbit, a product designed to clean carpets in hotel rooms quickly. Soon, it started to sell dishwasher soap - Soilax, and in the next few decades, expanded its reach and acquired Magnus Company in the early 1950s. After becoming public, it acquired several major companies such as Klenzade in 1961, Fraser Laundry Systems in 1974, Lystads, Inc. in 1984, Kay Chemical Company in 1994, Southwest Sanitary Distributing Co. in 2000, Microtek Medical Holdings, Inc., in 2007, Abednego Environmental Services in 2017, Cascade Water Services, Inc. in 2018, etc.
Investors who are interested in buying shares of ECL can check all the important details of the company including the latest ECL share prices on this page. Over the years, Ecolab has been recognised by many prestigious organisations and secured a place in lists like World’s Most Ethical Companies 2020, CDP Water Security 2020, Diversity Inc.’s Top 50 Company for Diversity in 2020 etc.;
|HeadQuarters||Saint Paul, MN|