Mission Statement, Vision, & Core Values (2025) of Tessenderlo Group NV.

An Overview of Tessenderlo Group NV

General Overview of Tessenderlo Group NV

Tessenderlo Group NV is a diversified international company headquartered in Belgium. Founded in 1919, it has evolved into a leader in the chemical and agriculture sectors. The company operates through several business units, including water treatment, gelatin, and agriculture. Its offerings range from specialty chemicals to value-added agricultural solutions.

As of 2024, Tessenderlo Group has reported total sales of approximately €1.5 billion, driven primarily by their key products in the gelatin and water treatment segments. The company continuously innovates to adapt to the needs of various markets, aiming for sustainable growth and environmental responsibility.

Company's Financial Performance in Latest Financial Reports

In the latest financial reporting period, Tessenderlo Group achieved record-breaking revenue of €1.5 billion, marking a substantial increase of 12% compared to the previous year. This growth was predominantly fueled by strong sales in its gelatin and bio-agriculture segments.

The company reported an operating profit (EBIT) of €200 million, resulting in an EBIT margin of 13.3%. Their net income stood at €145 million, representing an increase of 15% year-over-year. Key financial highlights include:

In addition to robust revenue growth, Tessenderlo Group has expanded its market presence, particularly in North America and Asia, highlighting a growth trajectory that underscores its strategic operational focus.

Introduction to Company as a Leader in the Industry

Tessenderlo Group is recognized as one of the leading companies in the chemical and agriculture sectors, owing to its commitment to innovation, sustainability, and customer satisfaction. With a strong foothold in specialty chemicals and value-added solutions, the company leverages its expertise to cater to diverse industries, including food, pharmaceuticals, and water treatment.

The company's ability to adapt to market demands while maintaining high standards of quality and sustainability showcases its competitive advantage, making it a noteworthy player in its industry. For investors seeking insight into successful operational strategies in the chemical sector, Tessenderlo Group offers a compelling case study.

Mission Statement of Tessenderlo Group NV

Mission Statement of Tessenderlo Group NV

The mission statement of Tessenderlo Group NV is a vital element that defines its purpose and focus. It serves as a guiding star for the company's strategic direction and operational philosophy, particularly in the sectors it operates within, such as chemicals and bioresources. The mission statement underscores the importance of providing superior products and services to meet customer needs while ensuring sustainable practices.

Core Component 1: Commitment to Quality Products

Tessenderlo Group NV emphasizes the delivery of high-quality products. The company operates in several markets, including water treatment, agriculture, and industrial applications. As of 2023, Tessenderlo Group reported a total revenue of €1.2 billion, showcasing its robust market presence.

Key statistics supporting this commitment include:

• Production capacity of over 1 million tons of various products annually.
• Investment of €20 million in R&D initiatives aimed at product innovation and quality improvement.
• Quality certification across multiple product lines, ensuring compliance with international standards.

Core Component 2: Sustainable Practices

Within its mission, Tessenderlo Group NV places a strong emphasis on sustainability. The company aims to reduce its environmental footprint while enhancing operational efficiency. According to the 2023 sustainability report, Tessenderlo Group achieved a reduction of 15% in CO2 emissions per ton of product produced over the last five years.

The following data supports their sustainable practices:

• Conversion of 50% of waste into usable products across various facilities.
• Implementation of energy-saving technologies that have led to a 10% decrease in energy consumption.
• Partnerships with environmental organizations to promote sustainable development initiatives.

Core Component 3: Customer-Centric Approach

The mission statement highlights Tessenderlo Group NV's dedication to a customer-centric approach. This is reflected in their ongoing engagement with clients and focus on tailored solutions. As of 2023, the company reported that over 75% of its clients expressed satisfaction with the company's product offerings and customer service.

Supporting statistics include:

• Launch of a customer feedback program that engages over 80% of key clients to ensure their needs are met.
• Increased customer retention rate to 90% due to enhanced service levels.
• Investment of €5 million in training programs aimed at improving customer service capabilities.

Vision Statement of Tessenderlo Group NV

Vision Statement Overview

The vision statement of Tessenderlo Group NV for 2024 emphasizes the company's commitment to sustainability, innovation, and global leadership in its sectors. The company aims to enhance the quality of life through sustainable solutions.

Commitment to Sustainability

Tessenderlo Group NV's vision highlights its objective to lead in sustainable practices across its operations. As of 2023, the company has reduced its greenhouse gas emissions by 20% compared to 2020 levels. It aims for a 30% reduction by 2025.

Global Leadership in Key Markets

The company seeks to solidify its position as a global leader in sectors such as chemical solutions, water treatment, and bioproducts. In 2022, Tessenderlo reported revenues of €1.6 billion with an operating profit (EBIT) of €170 million, reflecting strong performance in its core markets.

Innovation and Research

Tessenderlo Group NV prioritizes innovation in its vision. In 2023, the company invested €50 million in research and development, focusing on next-generation products that address global challenges like resource scarcity and environmental impact.

Table: Financial Performance and Sustainability Metrics (2023)

Focus on Customer-Centric Solutions

Tessenderlo aims to place the customer at the center of its vision. In recent surveys, over 80% of clients indicated satisfaction with the company's emphasis on tailored solutions and sustainable practices, underscoring the importance of responsiveness to client needs.

Alignment with Global Trends

The vision statement aligns with global market trends towards sustainability and innovation. The company anticipates growth in sustainable product demand, projecting an annual growth rate of 5% in its key markets through 2026.

Core Values of Tessenderlo Group NV

Safety

Safety is a core value at Tessenderlo Group NV, reflecting its commitment to ensuring a secure working environment for all employees. This value emphasizes prioritizing health and safety across all operations.

In 2023, Tessenderlo Group achieved a Total Recordable Injury Rate (TRIR) of 1.5, demonstrating a continuous improvement in workplace safety. The company has implemented a Safety Excellence Program, which includes regular safety audits and training sessions for employees.

A specific initiative, the Safety First Campaign, launched in 2022, aims to engage employees in safety practices, resulting in a 10% reduction in workplace accidents year-on-year. The commitment to safety extends to contractors and suppliers, ensuring that safety standards are met throughout the supply chain.

Sustainability

Tessenderlo Group is dedicated to sustainability, aiming to minimize environmental impact while maximizing resource efficiency. The company has integrated sustainability into its core business strategies.

In 2023, Tessenderlo Group reduced its carbon footprint by 15% compared to the previous year through initiatives such as energy-efficient manufacturing processes and the adoption of renewable energy sources. The company has set a goal to achieve a 30% reduction in greenhouse gas emissions by 2025.

The Eco-innovation program launched in 2022 focuses on developing sustainable products and solutions, resulting in the introduction of several bio-based materials. In 2023, sales from these eco-friendly products accounted for 25% of total revenue.

Innovation

Innovation is at the heart of Tessenderlo Group's operations, driving the development of new products and services that meet market demands. The company invests significantly in research and development to foster creativity and technological advancement.

In 2023, Tessenderlo Group allocated €15 million towards R&D initiatives, focusing on developing innovative solutions in specialty chemicals and agricultural products. This investment has led to the successful launch of three new product lines, contributing to a 5% increase in overall sales.

The company also collaborates with industry partners and research institutions, facilitating knowledge exchange and enhancing innovation capabilities. The Innovation Partnership Program has already yielded results, with five new patents filed in the past year alone.

Integrity

Integrity is a fundamental value that guides the behavior and ethics of Tessenderlo Group. The company upholds high standards of honesty and transparency in all dealings.

In 2023, Tessenderlo Group conducted 100% compliance training for its employees, ensuring that they are well-versed in ethical practices and corporate governance. Additionally, the company has a whistleblower policy that protects employees reporting unethical behavior.

Tessenderlo Group's commitment to integrity is also evident in its interactions with stakeholders. The annual sustainability report demonstrates transparency regarding operational impacts, with a detailed overview of environmental performance metrics and community engagement initiatives.

Collaboration

The value of collaboration emphasizes teamwork and communication within Tessenderlo Group, fostering a culture where employees work together to achieve common goals.

The company has implemented a cross-departmental project management system that enhances collaboration across various teams. In 2023, collaborative projects contributed to a 20% increase in operational efficiency compared to the previous year.

A notable example is the joint initiative between the R&D and production teams, resulting in the successful optimization of production processes. This collaboration not only improved product quality but also reduced production costs by 12%.