Issue Date: February 7, 2011
Tessenderlo Sells Aromas Division
Dutch chemical firm Tessenderlo has sold its esters and aroma products business to U.K.-based Tennants Consolidated, a privately held chemical manufacturing and distribution firm. The business, which is based in Leek, England, had $73 million in sales last year. Tessenderlo says the sale allows it to focus on specialty products and services, especially sustainable materials made from by-products of other industries.
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