Tessenderlo to build calcium chloride plant in Ham, Belgium

BRUSSELS, BELGIUM: Tessenderlo Group and TETRA Chemicals Europe AB, a subsidiary of TETRA Technologies, Inc, signed a long term agreement with regard to the production and marketing of calcium chloride. Tessenderlo Group will build a new calcium chloride production plant on its site in Ham, Belgium and TETRA Chemicals will market the product. The agreement will allow both parties to strengthen their respective global positions as market leaders in calcium chloride (TETRA Chemicals) and potassium sulfate (Tessenderlo Group).

As a result of the agreement that was concluded between Tessenderlo Group and TETRA Chemicals, Tessenderlo Group will invest in the construction of a new calcium chloride plant in Ham. The new production plant, which will be fully owned by Tessenderlo Group, is scheduled to be operational in the third quarter of 2015. The new plant will process part of the hydrochloric acid from the sulfate plant into calcium chloride.

This strategically important investment confirms Tessenderlo Group’s commitment in the Belgian plant and in the development of its potassium sulfate business. With this investment, Tessenderlo Group will be in a better position to take advantage of the growing market demand for potassium sulfate, especially from the agricultural sector that applies increasingly intensive farming methods.

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