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Tessenderlo Group 3Q 2010: Tessenderlo Kerley performance review.

Chemical Business Newsbase

| November 05, 2010 | COPYRIGHT 2000 Elsevier Engineering Information, Inc. (Hide copyright information)Copyright

Tessenderlo Kerley had an exceptionally strong 3Q 2010, with revenue increasing 50.8% to EUR 53.9 M. The main driver was improved demand for liquid sulfur fertilizers versus a year ago. Demand was also solid for TKI's crop protection products compared to 3Q 2009. Pricing remained generally firm and was above last year for most products. 3Q 2010 REBITDA benefited from volume growth as well as margins above last year for several products to finish at EUR 12.0 M (+77.5%). For Jan-Sep 2010, …

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