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Chemical Week Magazine :: Business & Finance :: Europe/Mideast

Tessenderlo sells pharma ingredients business

9:08 AM MDT | October 12, 2012 | —Natasha Alperowicz

Tessenderlo Group (Brussels) says it intends to sell its pharmaceutical ingredient subsidiaries Farchemia (Treviglio, Italy) and Calaire Chimie (Calais, France) to International Chemical Investors Group (Frankfurt), a private industrial holding company. The divestment is in line with Tessenderlo’s focus on specialty products and services in the areas of food, agriculture, water management, and bioresiduals. Tessenderlo is also carrying out a major refocusing at its Loos, France, plant and has agreed to sell its polyvinyl chloride profiles business in...

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