27/02/2013

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Tessenderlo announces intention to sell compounds activities to Mitsubishi Chemical

The Belgian group said that this divestment project is in line with its strengthened focus on specialty products and services in the areas of food, agriculture, water management and valorizing bio-residuals. The activities in scope of this project employ about 360 people, and generated revenue of 120 million EUR in 2011. The compound business (CTS Compound Technology Services) comprises TPEs, slush moulding powder and PVC compounds.

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