Printable PDF - Tessenderlo Group

‘After three poor years in a row, markets and prices seem to be finally
improving. However, past experience has shown that we must remain cautious.
For this reason, we have to continue to focus on improving our productivity. If,
in addition, we can ensure that customers receive quality products and service,
there are grounds for hoping that the future will be brighter.’
PVC & Compounds Turnover
(millions EUR)
2003 2002
Turnover 341 298
(millions EUR)
Ebitda -2 15
(millions EUR)
Tangible investments 19 15
(millions EUR)
Headcount 796 748
Compounds
400
350
300
250
200
150
100
50
0
341
94 95 96 97 98 99 00 01 02 03
The heading ‘compounds’ covers various ready-to-use PVC mixtures as well as mixtures of thermoplastic elastomers,
which are intended primarily for the injection moulding and extrusion markets. They are mainly used
in the construction industry, the automotive sector and shoe manufacturing. The PVC division has an overall
capacity of 155,000 tonnes of compounds per annum, making Tessenderlo Group the fifth largest producer
in Europe.
PVC and compounds are sold via an international network consisting of the division’s own sales offices and
local specialized agents, who work on an exclusive basis with LVM for PVC and compounds.
35