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Tessenderlo in Talks to Sell Fertilizer Business; Mulls Exit from PVC

2:22 AM MDT | May 28, 2010 | Natasha Alperowicz

Tessenderlo Group has confirmed press reports that it is in talks to exit its fertilizers business. The company says that a number of parties have shown signs of interest in a prospective collaboration in the area of its Belgian potassium sulfate activities. The company makes potassium sulfate at Ham, Belgium. These talks may result in a sale, joint venture, or other form of collaboration, the company says. A Belgian newspaper said that the company is in discussions with two potential buyers, including K+S, Europe's largest producer of potassium sulfate...

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