Tessenderlo Group Explained

Commercial:Yes
Industry:Chemicals
Company Type:Public company
Revenue: 1,657.3 billion (2017)[1]
Num Employees:4,547 (end 2017)
Key People:Stefaan Haspeslagh (Chairman of the board of directors), Luk Tack (CEO
Location:Tessenderlo, Belgium

Tessenderlo Group is a multinational industrial group that was founded in Tessenderlo, Belgium, in 1919 as Produits Chimiques de Tessenderloo. The group's areas of business include the production, trading and marketing of crop nutrients and crop protection products, animal by-product processing, and industrial services. Tessenderlo Group is traded on the Euronext Brussels stock exchange.

On Wednesday, 29 April 1942, an enormous explosion of ammonium nitrate destroyed the entire Produits Chimiques de Tessenderloo factory and much of the surrounding town of Tessenderlo. In the incident, 189 people died and more than 900 were injured. The factory was later rebuilt in the same place, a very controversial decision.[2]

Notes and References

  1. Web site: Annual Report 2017 . 2019-02-04 . Tessenderlo Group.
  2. News: Goeman . Thierry . Vergeten ramp van Tessenderlo kostte 75 jaar geleden aan 190 mensen het leven . Dutch . Forgotten Tessenderlo disaster 75 years ago killed 190 people . . . 2017-04-29 . 2019-02-04.