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Europe Daily Bulletin No. 9720

8 August 2008
GENERAL NEWS / (eu) eu/competition

07/08/2008 (Agence Europe) - On Thursday 7 August 2008, the European Commission opened an in-depth investigation into the planned acquisition of the Dutch manufacturer of basic chemicals DSP by US equity company Arsenal, which controls Velsicol Chemical Corporation. Both Velsicol and DSP are active in the manufacture of benzoic acid and sodium benzoate. Velsicol also manufactures plasticisers, a product derived from benzoic acid. The merged entity would potentially have very high market...