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Europe Daily Bulletin No. 7656

16 February 2000
Contents Publication in full By article 28 / 48
ECONOMIC INTERPENETRATION / (eu) chemicals

The Belgian firm RECTICEL has bought the 35% SVENSKA SHELL held in their joint-venture NORDFLEX (BEF 1.1 bn turnover in 199 with 250 collaborators). Through this operation, RECTICEL, which already had a 65% stake, takes total control of three Swedish plants that manufacture and process polyurethane foam used in the furniture industry. The cost of the transaction has not been disclosed.

Contents

THE DAY IN POLITICS
GENERAL NEWS
ECONOMIC INTERPENETRATION