Brussels, 11/01/2002 (Agence Europe) - The European Commission has approved the creation of a joint venture called European Salt Company (ESCO) between Germany's Kali & Salz AG and Solvay AG of Belgium. ESCO will combine the parent companies' salt production and sales businesses, thus creating Europe's second largest producer of crystallised salt (after Kazoo of the Netherlands). K+S would hold 62% of ESCO and Solvay 38% but Solvay will retain control of facilities related to the production...