Regions :: Western Europe :: Belgium
EU Clears Total's Acquisition of Belgian PS Units
4:58 AM MDT | July 1, 2010 | Natasha Alperowicz
European antitrust authorities approved today the acquisition by Total Petrochemicals of Polimeri Europa's styrenic lines at Feluy, Belgium. "The Commission's investigation showed that the transaction would lead to a relatively small overlap and the combined entity would continue to face several competitors," the commission says. Total announced earlier this year its intention to acquire two of the three polystyrene (PS) plants that Polimeri, an ENI (Rome) subsidiary, was planning to close at Feluy. Total operates the three PS lines on behalf of...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee