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Omn - Omnia Holdings Limited - Announcement - Omnia And Nalco Announce Water &

Release Date: 28/01/2010 16:21:01      Code(s): OMN
OMN - Omnia Holdings Limited - Announcement - Omnia and Nalco announce water &  
process treatment joint venture                                                 
Omnia Holdings Limited                                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1967/003680/06)                                           
JSE Code: OMN                                                                   
ISIN: ZAE000005153                                                              
("Omnia" or "the Group"))                                                       
ANNOUNCEMENT                                                                    
OMNIA AND NALCO ANNOUNCE WATER & PROCESS TREATMENT JOINT VENTURE                
Protea Chemicals, a division of the Omnia Group based in South Africa and Nalco,
the world`s leading water treatment and process improvement company based in    
Illinois, USA, today announced the formation of a joint venture, Nalco Africa,  
that will provide an extensive range of water and process treatment services to 
the African market.                                                             
Commenting on the joint venture, Omnia MD, Rod Humphris said: "This joint       
venture will enable Omnia to assist its clients to significantly reduce their   
environmental impact using Nalco`s industrial water and process treatment       
technologies. This partnership with the leading global water and process        
services company complements our existing chemicals business and demonstrates   
our continued commitment to growing our business through proactive management   
of South Africa`s scarce water resources."                                      
Nalco uses an award-winning, patented 3D TRASARRegistered cooling water         
automation technology to reduce industrial water use. Since its introduction in 
2004 this technology has saved more than 596 million cubic meters of water      
worldwide.                                                                      
The utilisation of Nalco`s Air Protection Technologies provides cost-effective, 
engineered solutions for the control of nitrogen and sulfur oxides (NOx /SOx),  
carbon monoxide, mercury and particulates. This technology helps companies to   
increase combustion efficiency and reduce energy costs.                         
These water and air technologies represent a small element of the extensive     
range of services and products which will be available under the new business,  
Nalco Africa. Services will include treatments for the mining sector; refinery  
and petrochemical sector; pulp and paper industry; food and beverage market and 
broader industrial water and effluent treatment applications.                   
Commenting on the joint venture, Erik Fyrwald, Nalco Chairman and CEO, said:    
"Africa is an important growth market and we believe that Nalco and Protea      
Chemicals are a perfect fit. The total accessible market in the region is       
estimated at more than US$400 million per year and is expected to grow          
significantly over the next 10 years.  This is a great opportunity to bring     
together our expertise and experience in the water, energy and air sectors,     
our global research facilities, and a well-respected partner who understands    
the needs of the industrial services market in Africa."                         
The Boards of Directors of both companies have approved the joint venture,      
subject to meeting the necessary regulatory approvals and conditions, and it is 
expected to begin operating in the first quarter of 2010.                       
In terms of the Listings Requirements of the JSE Limited ("JSE"), the           
transaction is not a categorised transaction.                                   
About Protea Chemicals                                                          
Protea Chemicals is the Chemical Division of the Omnia Group, a diversified and 
specialist chemical services company, a well known manufacturer and distributor 
of specialty, functional and effect chemicals, and polymers in Africa.  It has a
presence in every sector of the broader chemical distribution market, with an   
extensive branch network in Africa.                                             
About Omnia                                                                     
Omnia Group is a diversified, specialist chemical services provider listed as   
Omnia Holdings Ltd on the JSE, with business interests balanced across chemical,
mining and agricultural markets. The Group`s business model, which leverages its
intellectual capital and technology, differentiates it from commodity chemical  
companies.                                                                      
The Group`s three businesses (chemical, mining and agriculture) continue to     
provide high value, customised solutions built on a continually expanding       
knowledge base. Omnia`s unique business model places it at the forefront of the 
chemical services industry and involves matching customer needs to product      
innovation and application expertise to add extraordinary value to its customers
businesses.                                                                     
For more information visit www.omnia.co.za                                      
About Nalco                                                                     
Nalco is the world`s leading water treatment and process improvement company,   
delivering significant environmental, social and economic performance benefits  
to our customers. We help our customers reduce energy, water and other natural  
resource consumption, enhance air quality, minimize environmental releases and  
improve productivity and end products while boosting the bottom line. Together  
our comprehensive solutions contribute to the sustainable development of        
customer operations. Nalco is a member of the Dow Jones Sustainability World    
Index. More than 11,500 Nalco employees operate in 130 countries supported by   
a comprehensive network of manufacturing facilities, sales offices and research 
centers to serve a broad range of end markets. In 2008, Nalco achieved sales    
of more than $4.2 billion. For more information visit www.nalco.com.            
For more information contact: Omnia (011) 709 8850                              
Rod Humphris, MD;             Delwin Eggers, FD                                 
Issued by Brunswick:          (011) 502-7400                                    
Anne Dunn                     082 448 2684                                      
Rachel Quigley                082 317 4180                                      
Johannesburg                                                                    
28 January 2009                                                                 
Sponsor: Barnard Jacobs Mellet Corporate Finance (Pty) Limited                  
Date: 28/01/2010 16:21:01 Supplied by www.sharenet.co.za                     
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