One Of The Best Chemical Sector Long Term Growth Profiles

Jefferies & Company, Inc has published a research report for Ecolab. (NYSE: ECL)

In the report, Jefferies & Company writes "Ecolab presents one of the best long-term growth profiles in the chemical sector, in our view, with a strong balance sheet and sustainable FCF. With catalysts tilted toward 2011, and demand recovery gradual, we reiterate our Hold rating"

Ecolab is expanding their Asia market share this morning with the acquisition of $55m sales Cleantec assets from Brisbane Australia-based Campbell Brothers Ltd. (ASX: CPB).

ECL shares closed Monday at $50.68.