The EU Commission clears a merger, subject to remedies, on the market of chemicals for the mining industry (Solvay / Cytec)

The EU Commission clears a merger, subject to remedies, on the market of the chemicals for the mining industry (Solvay / Cytec)* The European Commission has approved under the EU Merger Regulation the proposed acquisition of Cytec by Solvay. The decision is conditional on Solvay's divestment of its activities in phosphor-based solvent extraction, used to separate cobalt from nickel. Cytec manufactures and supplies chemicals for the mining industry and composite materials and adhesives for the aerospace and automotive industries. Solvay

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European Commission, The EU Commission clears a merger, subject to remedies, on the market of chemicals for the mining industry (Solvay / Cytec), 2 December 2015, e-Competitions Merger Remedies, Art. N° 76999

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