The European Commission approves acquisition in the petrochemicals sector after in-depth investigation of the relevant geographic market (Ineos, Kerling)

"Ineos/Kerling: Raising the standard for geographic market definition?"* On 30 January 2008, following an in-depth investigation, the Commission approved the acquisition of Kerling ASA (‘Kerling‘) - the polymer division of the Norwegian company Norsk Hydro - by the UK-based INEOS Group Limited (‘Ineos‘). Ineos is a leading global manufacturer of petrochemicals, specialty chemicals and oil products. Kerling is mainly active in the production, marketing and sale of polyvinyl chloride (‘PVC’) and caustic soda, in North-Western Europe. The deal was notified to the Commission on 19 July 2007 and, after having rejected first phase commitments submitted by the parties, the Commission opened an in-depth investigation on 7 September 2007. No statement of objections has been sent to the notifying

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Lucia Bonova, Denis Corriveau, Kamila Kloc-Evison, Enrique Sepulveda-Garcia, The European Commission approves acquisition in the petrochemicals sector after in-depth investigation of the relevant geographic market (Ineos, Kerling), 30 January 2008, e-Competitions Bulletin January 2008, Art. N° 35279

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