Ecolab's (ECL) Nalco unit may be nearing deals to acquire stakes in Indian water companies as it...

|About: Ecolab Inc. (ECL)|By:, SA News Editor

Ecolab's (ECL) Nalco unit may be nearing deals to acquire stakes in Indian water companies as it seeks to meet rising industrial and urban demand for treated water in India, a top exec says. Nalco's water business may expand by as much as 27% annually over the next five years in the country where only 20% of sewage water is treated.