NALCO CHEMICAL CO
SC 14D1/A, 1999-07-30
MISCELLANEOUS CHEMICAL PRODUCTS
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                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                 Amendment No. 3
                                       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

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<PAGE>


         This Amendment No. 3 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  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 July 30, 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)(10)  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)(10)                 Press release issued on July 30, 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:  July 30, 1999                Suez Lyonnaise des Eaux


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


Dated:  July 30, 1999                H2O Acquisition Co.


                                     By: /s/Christian Mavrin
                                        ----------------------------------
                                        Name:   Christian Maurin
                                        Title:  President






                          SUEZ LYONNAISE DES EAUX NEWS

Friday, July 30, 1999

Suez Lyonnaise 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 Friday, August 20, 1999. The
offer by H2O  Acquisition  Co., a wholly owned  subsidiary of Suez Lyonnaise des
Eaux, had previously been scheduled to expire on Friday, July 30, 1999.

         At the  close of  trading  in New  York on  Thursday,  July  29,  1999,
33,316,018  shares  of  common  stock of  Nalco  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 des Eaux is a
world leader in private  infrastructure  services,  with operations in more than
120  countries.  The company is a market leader in the water  sector,  supplying
drinking  water to 77 million  people and  providing  wastewater  services to 52
million  people.  The Group's three  international  core  business  sectors are:
energy, water, and waste services.

         Based in  Naperville,  Illinois,  outside of  Chicago,  Nalco  Chemical
Company  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.

          Nalco  Contact:  Graham  Jackson -  630-305-1365  or Paul  Cholette -
630-305-1147.

          Suez  Lyonnaise  des  Eaux  contact:  John  Ferguson,  Morrow  & Co.-
212-754-8000.



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