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Tessenderlo to sell phosphate business to EcoPhos

| By Mary Page Bailey

Tessenderlo Group (www.tessenderlo.com) announced that it has signed an agreement to sell its Aliphos feed phosphate business to EcoPhos, an entrepreneurial Belgian producer and developer with feed phosphate as its core activity. The sale comprises one production site in Rotterdam, the Netherlands and three sales offices in Germany, Spain and Poland. This transaction is expected to close during the first quarter of 2014.