18/10/2017 (Agence Europe) – On Tuesday 17 October, the European Commission opened an in-depth investigation into the planned joint venture between Celanese and Blackstone, both of which are active in acetate flakes and acetate tow, fibrous materials used in the production of cigarette filters. The institution has concerns that the merger of the two companies would reduce competition on the acetate tow segment, which is already highly concentrated. The merged entity would become the global...