The only diff is that SCL has low liquidity, higher growth and earnings, a much better track record long term and a much lower p/e, price book and a tiny market cap. ECL is great but SCL is greater. Before you ignore, notice that these guys are partners as suppliers to the Bakken and new high growth world wide Nat gas fracking industry.
A Youtube vid all about Tiorco which is 50% SCL & 50% ECL. The trading symbol won't have to change much Mr Gates.
The loss from equity joint ventures, which included results for TIORCO for 2011 and the results for TIORCO and SPI for the first three quarters of 2010 (the 2010 amount included SPI results for the first half of the year plus part of the third quarter), increased $2.0 million year over year. SPI's equity income in the prior year was $1.2 million, which included a $0.7 million gain related to revaluing the Company's original 50 percent interest in SPI as part of the 2010 acquisition of controlling interest in the entity. The TIORCO joint venture is primarily a cost sharing venture with Nalco Company (now a part of Ecolab Inc.), as the Company sells surfactants directly into the enhanced recovery market and the corresponding profit resides in the surfactants segment operating results. As planned, the equity loss in TIORCO increased $0.8 million year over year.