Wires

Tessenderlo says to sell pharmaceutical ingredients business

BRUSSELS, Oct 9 (Reuters) - Belgian chemicals and plasticsgroup Tessenderlo said on Tuesday that it planned tosell its pharmaceutical ingredients business to privateindustrial holding International Chemical Investors Group.

Tessenderlo said the sale of the plants in France and Italyemploying 360 people was in line with its strategy of focusingon specialty products and services in food, agriculture, watermanagement and producing value from biowaste.

The company did not provide financial details of the deal.

(Reporting by Philip Blenkinsop)

((philip.blenkinsop@thomsonreuters.com; +32 2 287 6838; ReutersMessaging: philip.blenkinsop.thomsonreuters.com@reuters.net))

Keywords: TESSENDERLO DIVESTMENT/