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Europe Daily Bulletin No. 8983

5 July 2005
Contents Publication in full By article 16 / 43
GENERAL NEWS / (eu) eu/competition
Green light to joint venture between BP and Nova Chemicals

Brussels, 04/07/2005 (Agence Europe) - The European Commission has authorised plans for a joint company between the British group BP and the Canadian company Nova Chemicals. The new company, which will be known as Nova Innovene, will bring together the activities of both parties in the polystyrene and expansible polystyrene sector. It will be held equally by both groups. BP carries out multinational activities in the field of prospecting and production of oil and gas, refineries, the sales...

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