Question: Which one was established first, Klöckner Pentaplast or Xylem Inc.?
Sentence (from "Xylem Inc."): Launched in 2011 as the spinoff of the water- related businesses of ITT Corporation, Xylem is headquartered in Rye Brook, N.Y., with 2015 revenues of$ 3.65 billion and 12,500 employees worldwide.
Relevant evidence: Yes