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M.5503
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Case No COMP/ M.5503 - SIBUR/ CITCO
Only the English text is available and authentic.
REGULATION (EC) No 139/2004 MERGER PROCEDURE
Article 6(1)(b) NON-OPPOSITION Date: 23/06/2009
In electronic form on the EUR-Lex website under document number 32009M5503
Office for Official Publications of the European Communities L-2985 Luxembourg
COMMISSION OF THE EUROPEAN COMMUNITIES
Brussels, 23.06.2009 SG-Greffe(2009) D/3560 C(2009)5167
PUBLIC VERSION
MERGER PROCEDURE ARTICLE 6(1)(b) DECISION
SIMPLIFIED PROCEDURE
To the notifying party:
Dear Sirs,
Subject: Case No COMP/M.5503 - SIBUR/ CITCO Notification of 20.05.2009 pursuant to Article 4 of Council Regulation (EC) No 139/2004 Publication in the Official Journal of the European Union No C 122, 30.05.2009, p.27
1)On 20.05.2009, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 by which the undertaking OJSC Sibur Holding (‘Sibur’, Russia) controlled by Gazfond (Russia) acquires within the meaning of Article 3(1)(b) of the Council Regulation control of the whole of the undertakings CITCO Waren-Handelsgesellschaft m.b.H., (Austria), Citco Holdings Limited (Cyprus) and Westin Trading S.A. (Panama) (together ‘CITCO’) by way of purchase of shares.
The business activities of the undertakings concerned are:
-- for Sibur: manufacture of various petrochemical products, fertilisers and tyres,
-- for CITCO: independent distributor and trader of inter alia liquid petroleum gases, rubber, petrochemical products and fertilisers.
1OJ L 24, 29.1.2004, p. 1.
Commission européenne, B-1049 Bruxelles / Europese Commissie, B-1049 Brussel - Belgium. Telephone: (32-2) 299 11 11.
2)After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EC) No 139/2004 and of paragraph 5(c) of the Commission Notice on a simplified procedure for treatment of certain
concentrations under Council Regulation (EC) No 139/2004.
3)For the reasons set out in the Notice on a simplified procedure, the Commission has decided not to oppose the notified operation and to declare it compatible with the common market and with the EEA Agreement. This decision is adopted in application of Article 6(1)(b) of Council Regulation (EC) No 139/2004.
For the Commission (signed) Philip LOWE Director General
2OJ C 56, 5.3.2005, p. 32.
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