27 March 2013 15:11 [Source: ICIS news]
LONDON (ICIS)--Tessenderlo plans to end production of feed phosphate at its site in ?xml:namespace>
After ending production at Ham, Tessenderlo will supply customers for feed phosphates out of its
At the same time, “a broad range of improvement initiatives will be set up” in order to improve the competitive position of Tessenderlo's potassium sulphate business, it said.
The company expects to work out details in coming months. The objective is to reduce costs in order to turn sulphate into a sustainable, profitable business, it said.
“The potassium sulphate business (SOP) fits within the group’s strategy, focusing on agriculture and food, and is a core activity for the group,” it said.
“However, the SOP market is changing fast, with increased competitive pressure, and the BU [business unit] Inorganics is facing some internal challenges at the same time,” it added.
Tessenderlo employs about 540 workers at Ham.
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