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KURARAY / PTTGC / SUMITOMO / JV

M.8739

KURARAY / PTTGC / SUMITOMO / JV
May 22, 2018
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

On 23 April 2018, the European Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 involving the acquisition by i) Kuraray Co., Ltd., a Japanese manufacturer of specialty chemicals, fibres and other materials, ii) PTT Global Chemical Public Company Ltd., a Thai-based petrochemical group, and iii) Sumitomo Corporation, a Japanese manufacturer and trader of variety of products, of joint control over a joint venture that will be incorporated under the laws of Thailand and active in the manufacture and supply of high performance polyamides and styrenic block copolymers.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

Tel: +32 229-91111. Fax: +32 229-64301. E-mail: COMP-MERGER-REGISTRY@ec.europa.eu.

EUC

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