Printable PDF - Tessenderlo Group

Strategy and prospects
VCM and PVC
Judging from the figures for the early part of 2004, the outlook for VCM and PVC activities appears to have
improved again after three poor years. Prices began to rise in the fourth quarter of 2003, and the trend in the
early part of 2004 has also been generally positive. In global market terms, production capacity appears to
have lagged behind market expansion, suggesting that capacity utilisation should increase throughout the
world in 2004.
In the coming years, LVM will further expand its position as a specialist in the area of suspension PVC.
In the future, Tessenderlo Group will also strive within the PVC division to maintain the highest possible productivity,
combined with constant improvement in the quality of its products. At the same time, the group
wants to offer its customers top-quality service, which satisfies all of their needs.
Compounds
The optimisation and rationalisation of the industrial organisation, which started in 2003 following the acquisition
of Saplast and Europolymers, will continue in 2004. The division will start to feel the positive impact of
this in 2005.
The commercial departments at subsidiaries Saplast and Thermoplastiques Cousin-Tessier were fully amalgamated
on 1 January 2004. This will ensure an optimum response to customer wishes and requirements,
which will in turn contribute to better results.
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