NALCO CHEMICAL CO
SC 14D1/A, 1999-08-20
MISCELLANEOUS CHEMICAL PRODUCTS
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                    ________

                                 Amendment No. 4
                                       to
                                 SCHEDULE 14D-1
                             Tender Offer Statement
      Pursuant to Section 14(d)(1) of the Securities Exchange Act of 1934
                                    ________

                             NALCO CHEMICAL COMPANY
                            (Name of Subject Company)
                                    ________

                             SUEZ LYONNAISE DES EAUX
                               H2O ACQUISITION CO.

                                    (Bidders)
                                    ________

                    Common Stock, par value $0.1875 per share
           (Including the Associated Preferred Stock Purchase Rights)
                                       and
      Series B ESOP Convertible Preferred Stock, par value $1.00 per share

                         (Title of Class of Securities)
                                    ________

    Common Stock: 629853102      Series B ESOP Convertible Preferred Stock: None

                      (CUSIP Number of Class of Securities)
                                    ________

                                 Patrice Herbet
                             Suez Lyonnaise des Eaux
                                 1, rue d'Astorg
                                   75008 Paris
                                     France
                              011-33-1-40-06-64-00

            (Name, Address and Telephone Number of Person Authorized
           to Receive Notices and Communications on Behalf of Bidders)
                                    ________

                                    Copy to:
                                   Kevin Keogh
                                White & Case LLP
                           1155 Avenue of the Americas
                            New York, New York 10036
                                 (212) 819-8200

- --------------------------------------------------------------------------------


<PAGE>


         This Amendment No. 4 amends and  supplements the Tender Offer Statement
on  Schedule  14D-1  filed on July 1, 1999 (as  amended  and  supplemented,  the
"Schedule  14D-1")  relating to the offer (the "Offer") by H2O  Acquisition  Co.
("Purchaser"),  a Delaware  corporation  and a wholly owned  subsidiary  of Suez
Lyonnaise des Eaux, a societe  anonyme  organized and existing under the laws of
the Republic of France ("Parent"), to purchase all of the issued and outstanding
shares of common stock,  par value $0.1875 per share,  including the  associated
preferred stock purchase rights (the "Common Stock"),  and all of the issued and
outstanding  shares of Series B ESOP  Convertible  Preferred  Stock  (the  "ESOP
Preferred  Stock"),  par value $1.00 per share,  of Nalco  Chemical  Company,  a
Delaware  corporation (the "Company"),  at a price of $53.00 per share of Common
Stock and  $1,060.00  per share of ESOP  Preferred  Stock,  net to the seller in
cash, without interest thereon, upon the terms and subject to the conditions set
forth in the Offer to  Purchase  dated  July 1, 1999 and the  related  Letter of
Transmittal,  as they may be amended  from time to time.  The item  numbers  and
responses  thereto below are in  accordance  with the  requirements  of Schedule
14D-1. Capitalized terms used herein and not otherwise defined have the meanings
ascribed thereto in the Offer to Purchase.

Item 10.  Additional Information.

         Item 10(f) is hereby amended and supplemented as follows:

         On August 20, 1999,  Parent  issued a press release  announcing,  among
other  things,  the  extension of the period  during which the Offer will remain
open. The full text of the press release is set forth in Exhibit (a)(11)  and is
incorporated herein by reference.

Item 11.  Material to be Filed as Exhibits.

         Item 11 of the Schedule 14D-1 is hereby amended and supplemented to add
the following:

         Exhibit Number                  Description

         Exhibit (a)(11)                 Press release issued on August 20, 1999


<PAGE>


                                    SIGNATURE

         After due inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.


Dated:  August 20, 1999                 Suez Lyonnaise des Eaux


                                        By: /s/ Francois Jaclot
                                           ----------------------------
                                           Name:   Francois Jaclot
                                           Title:  Member of the Executive Board


Dated:  August 20, 1999                 H2O Acquisition Co.


                                        By: /s/ Philippe Brongniart
                                           ----------------------------
                                           Name:   Philippe Brongniart
                                           Title: Director




                          SUEZ LYONNAISE DES EAUX NEWS



Friday, August 20, 1999

Suez Lyonnaise des Eaux Extends Nalco Tender Offer

         Paris, France and Naperville, Illinois - Suez Lyonnaise des Eaux (Paris
Bourse: LY), a world leader in private infrastructure  services, today announced
that it has  extended  the  period  for its  tender  offer  for  shares of Nalco
Chemical Company (NYSE: NLC), a leading provider of water treatment services and
products, to 12:00 midnight, New York City time, on Thursday, September 9, 1999.
The offer by H2O Acquisition  Co., a wholly owned  subsidiary of Suez Lyonnaise,
had previously been scheduled to expire at 12:00 midnight on Friday,  August 20,
1999.

         The  extension  has been made because Suez  Lyonnaise has yet to obtain
all of the necessary regulatory approvals.  The relevant regulatory  authorities
are  reviewing  the  transaction  in the normal  course and both  companies  are
supplying information requested by the regulators.

          At the close of trading  in New York on  Thursday,  August  19,  1999,
40,971,228 shares of common stock of Nalco Chemical had been validly tendered in
connection with the offer. No shares had been tendered by guaranteed delivery.

         With annual revenues of $32.5 billion, Suez Lyonnaise is a world leader
in private infrastructure  services, with operations in more than 120 countries.
It is a market  leader  in the  water  sector,  supplying  drinking  water to 77
million people and providing wastewater services to 52 million people. The three
international  core business sectors of Suez Lyonnaise are:  energy,  water, and
waste services.

         Based in  Naperville,  Illinois,  outside of  Chicago,  Nalco  Chemical
employs  7,000 people of which about 3,600 are engineers  and  technicians  with
direct customer contact and 300 are researchers located in five R&D centers.

Contact:    John Ferguson            Graham Jackson             Paul Cholette
            Morrow & Co. for         Nalco Chemical             Nalco Chemical
            Suez Lyonnaise           (630) 305-1365             (630) 305-1147
            (212) 754-8000




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