Nalco says its Gulf spill dispersant is safe

* Dispersants do not cause cancer

* Shares up 4 pct

HOUSTON, May 27 (BestGrowthStock) – Nalco Holding Co (NLC.N: ) said
on Thursday the dispersant it is manufacturing to help break up
the oil spilling into the Gulf of Mexico is safe.

The Naperville, Illinois company said its product, Corexit,
is a simple blend of six well-established ingredients that
biodegrade and do not contain carcinogens or reproductive
toxins.

Ingredients include those found in body shampoo and fruit
juice drinks, Nalco said.

All the ingredients have been extensively studied for many
years and have been determined safe and effective by the U.S.
Environmental Protection Agency, the company said.

BP Plc (BP.L: ) (BP.N: ) has used 850,000 gallons of underwater
and aerial dispersants to break up crude flowing from a
ruptured well in deep waters off Louisiana.

Environmental watchdogs have said the chemicals used to
disperse the oil could endanger marine creatures. EPA earlier
this month urged BP to identify and use less toxic dispersants
in the Gulf of Mexico.

The Macondo well ruptured on April 20. The accident caused
the Deepwater Horizon rig to sink and 11 men were killed.

Shares of Nalco rose 4 percent, or 81 cents, to $22.68 on
the New York Stock Exchange.

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(Reporting by Anna Driver, editing by Gerald E. McCormick)

Nalco says its Gulf spill dispersant is safe