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Annual Report 2008 English [PDF, 2.69 MB] - Tessenderlo Group

Annual Report 2008 English [PDF, 2.69 MB] - Tessenderlo Group

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<strong>Tessenderlo</strong> <strong>Group</strong><br />

site. Completion is targeted by 2011, has<br />

started. The modern, high-performance<br />

power plant will result in a reduction of<br />

electricity transportation costs, and in<br />

addition, increase the competitiveness of<br />

the site in <strong>Tessenderlo</strong>.<br />

Outlook for 2009<br />

remains scarce and expensive. However,<br />

lower demand should soon restore the<br />

balance.<br />

The prices of caustic soda continued<br />

to rise at the beginning of 2009, and a<br />

considerable price reduction is unlikely in<br />

2009.<br />

The expansion of the ferric chloride<br />

capacity in <strong>Tessenderlo</strong> (Belgium) with<br />

30,000 tonnes has been delayed slightly<br />

and is sheduled for a spring start-up. This<br />

expansion will help meet the growing<br />

European demand for ferric chlorides<br />

mainly used as coagulants in the treatment<br />

of drinking water and the purification<br />

of wastewater. This investment also<br />

strengthens the position of <strong>Tessenderlo</strong><br />

<strong>Group</strong> as the number two producer of ferric<br />

chlorides in Europe.<br />

Increased capacity<br />

shall strengthen our<br />

position on the ferric<br />

chloride market for water<br />

purification<br />

The cost price of electricity may rise once<br />

again. Currently, potassium chloride<br />

used for the production of caustic potash<br />

The margins for caustic potash are less<br />

predictable. They will mainly depend on<br />

the evolution of supply and the price of<br />

potassium chloride.<br />

Strategy for the<br />

Chlor-Alkali activity<br />

• Reduce costs and offer<br />

maximum added value<br />

with existing products and<br />

resources.<br />

• Maximise our competitive<br />

advantages.<br />

• Invest in specific projects with a<br />

high added-value potential.<br />

39

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