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Europe Daily Bulletin No. 8236

20 June 2002
Contents Publication in full By article 18 / 37
GENERAL NEWS / (eu) eu/competition
Deutsche BP (chemicals) fined for supplying incorrect information in notification of Erdölchemie purchase

Brussels, 19/06/2002 (Agence Europe) - The European Commission has decided to impose a fine of € 35,000 on Deutsche BP AG (a subsidiary of BP plc, UK) for negligently providing incorrect and misleading information in relation to the acquisition of German chemicals producer Erdölchemie GmbH in February 2001. BP failed to mention several important details concerning market for acrylonitrile (ACN), a chemical used for the production of acrylic fibres, plastics and nitrile rubber. In the...

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