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Europe Daily Bulletin No. 8927

14 April 2005
Contents Publication in full By article 19 / 33
GENERAL NEWS / (eu) eu/competition
Inquiry into second phase of joint venture project between Sasol and Total

Brussels, 13/04/2005 (Agence Europe) - The Commission has opened an indepth inquiry into the proposed creation of a joint undertaking between Sasol Wax International AG, with a 75% stake, and Total SA, with 25%. After a preliminary examination, it noted major competitive risks given the market shares held by the two firms, as well as overlapping of activities and vertical links existing in the paraffin wax and micro wax sectors. The German company, Sasol Wax International AG, a subsidiary of...

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