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Europe Daily Bulletin No. 8482

14 June 2003
Contents Publication in full By article 27 / 34
GENERAL NEWS / (eu) eu/competition
Go-ahead for Celanese and Degussa joint venture

Brussels, 13/06/2003 (Agence Europe) - The European Commission has granted clearance to a proposed joint venture between German chemical producers Celanese AG and Degussa AG in the market for oxo chemicals (used as chemical intermediates, solvents and plasticizers). The 50/50 joint venture, to be called European Oxo Chemicals (EOC), will produce oxo-alcohols, plasticisers and solvents used as intermediate products for the production of products like solvents, plasticisers, lacquers, fuel...

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