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Europe Daily Bulletin No. 7748

30 June 2000
Contents Publication in full By article 21 / 39
GENERAL NEWS / (eu) eu/competition
The Commission clears solvay's joint venture with plastic omnium (automobile fuel delivery systems)

Brussels, 29/06/2000 (Agence Europe) - The European Commision has cleared a joint venture between Belgium's Solvay (chemicals and automobiles components) and France's Plastic Omnium (automobile components), in which they will pool their activities in fuel delivery systems for cars. The new company should have an annual turnover of Euro 1 billion as from 2001 and a workforce of 3,000 at thirty-odd sites around the world. After a routine review, the Commission found that the relevant...

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