About Tessenderlo Group NV

Tessenderlo Group NV operates as an industrial group that focuses on agriculture, valorizing bio-residuals and providing industrial solutions. Segments The company operates through Agro, Bio-valorization, and Industrial Solutions segments. Agro The Agro segment combines the company’s activities in the production, trading and marketing of crop nutrients (liquid crop fertilizers and potassium sulfate fertilizers) and crop protection products. This segment includes manufacturing and distribution of fertilizers and crop protection products (including the following businesses: Crop Vitality, Tessenderlo Kerley International and NovaSource). Crop Vitality is a premier producer of sulfur-based and value-added fertilizers that precisely nurture crop life for the agriculture community. The company’s combination of advanced fertilizer production and manufacturing, a distribution network, world class agronomy and knowledgeable sales staff makes it the growers’ number one choice for crop nutrition solutions. The principal fertilizers for Crop Vitality are Thio-Sul (ammonium thiosulfate) and KTS (potassium thiosulfate). The company’s full line of fertilizers and soil amendment products feed crops like corn, soybeans, canola, wheat, fruits and vegetables. Crop Vitality continues to develop and enhance fertilizers and soil amendment solutions. Tessenderlo Kerley International supplies value-added liquid, soluble and solid plant nutrition in order to support growers in realizing efficient and sustainable agriculture. All of the company’s fertilizer product brands are bundled under one all-encompassing brand promise: Crop Vitality. Its portfolio consists of specialty fertilizers, such as SoluPotasse, K-Leaf, Thio-Sul, KTS, CaTs, etc. NovaSource develops, registers and markets niche crop protection products globally for high value crops. With products being sold in approximately 40 countries, the focus for NovaSource is providing solid, proven chemistries to help farmers increase the quality and yield of their specialty food crops. Two of the NovaSource principal crop protection products are Linex, an agricultural herbicide for use on potatoes, corn, sorghum, cotton and soybeans and Sevin, an agricultural insecticide for the broad-spectrum control of dozens of pests, including beetles, weevils and worms in tree fruit, nut, vine, citrus vegetable and other crops. The NovaSource products protect the growers’ crops from various damaging weeds, insects and diseases. Strategy The key elements of the company’s strategy are to continue focusing on the Americas and expand into Europe, the Middle East and Australia, with selective local presence; are to expand the product portfolio and application offering in order to strengthen its position in the specialty niche markets; build a global network of connected technical experts; focus on expanding market share through the continued education of the market up to farmer level; and expand the product portfolio Bio-valorization This segment covers Tessenderlo Group’s activities in animal by-product processing, consists of PB Gelatins/PB Leiner (production, trading and sale of gelatins), Akiolis (rendering, production and sale of proteins and fats) and Prossential (a dedicated sales organization representing PB Gelatins/PB Leiner and Akiolis products towards the pet food and aqua feed market). Its core markets include food, pharma, pet food, agriculture, aqua feed, animal fee, energy, lipochemistry etc. The PB Gelatins/PB Leiner Business Unit provides a complete range of collagen proteins (gelatin). PB Gelatins/PB Leiner supplies a growing market in food, pharma, health, nutrition and technical applications from seven production sites that are located in Asia, Europe, North and South America. Akiolis specializes in rendering activities and the transformation of animal by-products into proteins and fats. The company’s links with upstream partners from the meat industry, butchers and retailers enable it to get access to various organic materials and the company's industrial processes allow it to valorize its final products in different downstream markets, such as pet food and animal nutrition, aqua feed and lipochemistry, fertilization, gelatins, cement plants and energy sectors (green heat and green electricity). Strategy The key elements of the company’s strategy are to focus on customer relationships and new product development; vigorously focuses on realizing manufacturing excellence and the improved valorization of access to raw materials; increase the focus on healthy foods (protein rich, collagen peptides) and pharma; strengthen its position in its core business on upstream markets; improve the valorization of finished products on pet food and aquaculture markets; and focus on customer relationships and new product development. Industrial Solutions This segment includes the production, trading and sales of plastic pipe systems, water treatment chemicals and other activities, such as the production, trading and sales of mining and industrial auxiliaries, services for the treatment and disposal of produced and flow-back water from oil and gas exploration, as well as the recovery of industrial process fluids. This segment consists of activities that provide products and solutions to industrial end markets. Its core activities include water, sewage, air and gas piping systems and services, water treatment, process chemicals services, refinery and mining services. The company’s area of activity includes building and installation, public infrastructure and utility works, industrial and municipal markets, industry and mining. The plastic pipe systems business unit provides value-added piping solutions for utilities, agricultural, building and civil engineering markets. The company provides its solutions through its integrated sales and support network, its manufacturing and logistics professionals, and approximately 70 customer-oriented branches, as well as approximately 2,000 points of sale in Europe. The performance chemicals business Unit provides industrial and municipal markets with coagulants and other chemicals for either the treatment of wastewater or the purification of drinking water. The company also produces industrial chemicals which are used by a spectrum of industries such as pharmaceutical industry, oil and refinery, steel, de-icing and fertilizers. The company’s sodium sulfide and sodium hydrogen sulfide are used in the tanning and mining industry and as precipitating agents for metals in waste treatment. Other chemicals include bleach, acids for disinfection and household cleaning. Mining & Industrial is a producer of sulfur-based specialty chemistries for the mining and industrial markets. The principal products are Thio-Gold (thiosulfate-based lixiviants), sulfites for cyanide detoxification and sodium hydrosulfide for base metal depression. Environmentally clean systems serves the oil and gas industries, providing water reclamation and disposal options for produced, frack, black and flow back water. Environmentally clean systems offers solutions to dispose of and/or reuse wastewaters generated during oil and gas exploration activities. Environmentally clean systems tailors its technologies to meet individual needs and situations. MPR Services Inc. is a service provider deploying technology to clean, recycle and enable the reuse of chemicals that are specifically designed to remove atmospheric pollutants. Strategy The key elements of the company’s strategy are to further grow customer intimacy, to introduce innovative systems and services, and to strengthen its position in various sectors and key geographies; provide long term and environmentally attractive solutions to industries and municipalities; and expand the mining and industrial business and to provide a full service water treatment and recycling model, and to enter new market segments. History Tessenderlo Group NV was founded in 1919.

Country
Industry:
Chemicals and allied products
Founded:
1919
IPO Date:
01/02/1992
ISIN Number:
I_BE0003555639
Address:
Troonstraat 130 rue du Trône, Brussels, Brussels, 1050, Belgium
Phone Number
32 2 639 18 11

Key Executives

CEO:
Tack, Luc
CFO
Potter, Miguel
COO:
Data Unavailable