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Europe Daily Bulletin No. 10816

28 March 2013
ECONOMY - FINANCE - BUSINESS / (ae) competition
Investigation into purchase of a Shell refinery by Nynas

Brussels, 26/03/2013 (Agence Europe) - On 26 March 2013, the European Commission opened an in-depth investigation into the planned acquisition by Nynas AB of Sweden of refinery assets located in Hamburg/Harburg (Germany) and currently owned by Shell Deutschland Oil GmbH, a subsidiary of Anglo-Dutch Shell. The Commission's initial investigation revealed possible competition concerns in the markets for naphthenic base oils, naphthenic process oils and transformer oils (TFO) where the merged...

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