Volume 89 Issue 6 | p. 16 | Concentrates
Issue Date: February 7, 2011

Tessenderlo Sells Aromas Division

Department: Business
Keywords: divestment, esters, aromas, specialty chemicals

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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