Dow Jones Newswires | Shares of Nalco Holding Co. leapt Monday on the news that oil giant BP is planning
to use the company’s chemicals to help clean up the massive oil spill
in the Gulf of Mexico.
Nalco, which is based in Naperville, makes a dispersant chemical that will help break down the
oil. Its shares jumped 18 percent to $29.25, hitting its highest point since October 2007. Other companies with possible roles in the cleanup also climbed Monday,
including Clean Harbors Inc. BP said it will pay the costs to clean
up the spill.
