Brussels, 29/10/2007 (Agence Europe) - On 26 October 2007, the European Commission cleared the planned acquisition of Lyondell Chemical Company of the US by the Luxembourg based Basell AF S.C.A. The Commission's investigation found that the proposed transaction would not impede effective competition in the European Economic Area (EEA) or any substantial part of it.
Basell is controlled by the Access group, a holding company mainly active in the oil, petrochemicals, coal, aluminium, power,...