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Image header Agence Europe
Europe Daily Bulletin No. 8391
Contents Publication in full By article 28 / 50
GENERAL NEWS / (eu) eu/competition

Detailed probe into Celanese and Degussa joint venture

Brussels, 31/01/2003 (Agence Europe) - The European Commission has decided to open a second investigation into a proposed joint venture between German companies Celanese AG and Degussa AG, the latter via its subsidiary AG's Oxeno Olefinchemie GmbH. The two partners intend to transfer their activities in the area of propylene-based oxo chemicals. Oxo chemicals are primarily used as chemical intermediates, solvents and plasticizers. A preliminary examination has identified competition concerns...

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