Ineos gets EC approval

Robinson, Simon
August 2006
ICIS Chemical Business;8/28/2006, Vol. 1 Issue 32, p11
Trade Publication
The article reports that the European Commission (EC) has approved the acquisition of the ethylene oxide (EO)/ethylene glycol (EG) business of BP in Dormagen, Germany by Ineos. The EC was concerned that the purchase may cause the concentration of EO/EG market in Europe and could lead to a decline in competition. According to EC competition commissioner Neelie Kroes, the commission has been focusing on the consolidation activities within the chemicals industry.


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