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Dyka Polska Jelcz-Laskowice POLAND The Plastics Converting division primarily produces PVC window profiles and plastic pipes systems. Besides consolidating its existing positions, the division also wishes to boost its presence in emerging markets, primarily in Eastern Europe. 1
Page 1 and 2: A N N U A L R E P O R T 2 0 0 3 T e
Page 3 and 4: Per activity sector 27% ■ Inorgan
Page 5: Financial calendar cover Tessenderl
Page 9 and 10: ‘Despite a difficult year, some i
Page 11 and 12: 1. Board of Directors MANAGEMENT, C
Page 13: GREAT BRITAIN 7 BELGIUM 7 FRANCE 23
Page 16 and 17: 12 Tessenderlo Chemie shares TESSEN
Page 18 and 19: 14 Capital structure The company di
Page 20 and 21: 34 32 30 28 26 24 22 20 16 The prov
Page 23 and 24: Tessenderlo Kerley Coffeyville plan
Page 25 and 26: Ferric chloride: wastewater and pot
Page 27 and 28: ‘Improving productivity and cutti
Page 29 and 30: NORTH AMERICA The American subsidia
Page 31 and 32: dollars. The prices of other raw ma
Page 33 and 34: Strategy As mentioned above, Tessen
Page 35 and 36: ‘Leveraging our technology and ma
Page 37 and 38: As far as glycine is concerned, Tes
Page 39 and 40: ‘After three poor years in a row,
Page 41 and 42: The production of Technicompound, b
Page 43 and 44: Strategy and prospects VCM and PVC
Page 45 and 46: Plastics Converting Turnover (milli
Page 47 and 48: Conclusion: 2003 was a good year fo
Page 49 and 50: Through investments, the division w
Page 51 and 52: ‘The acquisition of the two Ameri
Page 53 and 54: Food ingredients Also in France, PB
Page 55: Strategy and prospects PB Gelatins
Page 58 and 59:
54 Employment At the end of 2003, s
Page 60 and 61:
56 ENVIRONMENT AND SAFETY Sustainab
Page 62 and 63:
58 the discharge of these salty eff
Page 64 and 65:
60 The Environmental Inspection dep
Page 66 and 67:
62 Energy and climate policy The Fl
Page 68 and 69:
64 Safety Recent achievements and o
Page 70 and 71:
66 RESEARCH AND DEVELOPMENT The tot
Page 72 and 73:
68 Fine Chemicals In 2003, major ef
Page 74 and 75:
70 A significant improvement in res
Page 76 and 77:
72 Transparent management CORPORATE
Page 78 and 79:
74 The rules governing the composit
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76 The Remuneration Committee The R
Page 82 and 83:
WYMAR INTL (BE) DYNAPLAST EXTRUCO (
Page 85 and 86:
Taile Chemical Factory Lianyungang
Page 87 and 88:
CONSOLIDATED BALANCE SHEET 2003 200
Page 89 and 90:
CONSOLIDATED INCOME STATEMENT 2003
Page 91 and 92:
Notes to the consolidated accounts
Page 93 and 94:
(9) Shareholders’ equity - part o
Page 95 and 96:
(16) Net Profit and Loss results on
Page 97 and 98:
- Increase of the percentage of par
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- Dyka Polska Sp.zo.o., PL-55-221 J
Page 101 and 102:
- Produits Chimiques de Loos SAS, F
Page 103 and 104:
- Wymar Polska Sp.zo.o., PL-62-100
Page 105 and 106:
Foreign subsidiaries’ balance she
Page 107 and 108:
VII. FORMATION EXPENSES Balance at
Page 109 and 110:
X. FINANCIAL FIXED ASSETS A1. Compa
Page 111 and 112:
B. Breakdown of the average personn
Page 113 and 114:
Additional assertion and informatio
Page 115 and 116:
TESSENDERLO CHEMIE NV - BALANCE SHE
Page 117 and 118:
ALLOCATIONS AND DISTRIBUTIONS Your
Page 119 and 120:
A write-back is carried out when a
Page 121 and 122:
Report of the Statutory Auditor on
Page 123 and 124:
TESSENDERLO KERLEY Inc. 2255 N° 44
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PVC DIVISION LVM (Limburgse Vinyl M
Page 127 and 128:
EUROCELL PROFILES Ltd Fairbrook Hou
Page 129 and 130:
PB LEINER USA 7001 Brady Street PO
Page 131 and 132:
Safety 56 Sales offices 118 Share T
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