Brussels, 02/09/2013 (Agence Europe) - After an in-depth investigation that began in March (see EUROPE 10816), on 2 September the European Commission cleared the acquisition of certain refinery assets of Shell Deutschland Oil GmbH located in Hamburg/Harburg (Germany) by Nynas AB of Sweden, the biggest company in the world for naphthenic base and process oils.
The European Commission feared that the deal would cause competition problems because it would make Nynas the only manufacturer of...