Commission Decision of 06/04/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2354 - ENICHEM / POLIMERI) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 043 , 16/02/2002 P. 0022 - 0022 Commission Decision of 06/04/2001 declaring a concentration to be compatible with the common market (Case No IV/M.2354 - ENICHEM / POLIMERI) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Brussels, 06/04/2001 SG (2001) D/ 287581 To the notifying party: Subject: Case No. COMP/M.2354 - ENICHEM / POLIMERI Notification of 8.03.2001 pursuant to Article 4 of Council Regulation (EEC) No.
4064/89 [1] Publication in the Official Journal of the European Communities No. C 86/4 of 16/03/2001 [1] OJ L 395, 30.12.1989 p. 1; corrected version OJ L 257 of 21.9.1990, p. 13, as last amended by Regulation (EC) No 1310/97, OJ L 180, 9.7.1997, p. 1, corrigendum in OJ L 40, 13.2.1998, p. 17. 1. On 8.03.2001 the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No 4064/89 by which the Italian company, EniChem S.p.A. ("EniChem"), belonging to the ENI Group, acquires within the meaning of Article 3(1)(b) of the Council Regulation, by way of an exchange of businesses, sole control of the whole of the Italian company, Polimeri Europe S.r.l.("Polimeri"), which it has jointly-controlled up to the present with the Dow Chemical Company ("DOW") as a 50:50 joint venture.
The business activities of the undertakings concerned are : - EniChem : development, production and sale of chemicals products; - Polimeri : production and sale of polyethylene resins. 2. After examination of the notification, the Commission has concluded that the notified operation falls within the scope of Council Regulation (EEC) No. 4064/89 and of paragraph 4,(c) of the Commission Notice on a simplified procedure for treatment of certain concentrations under Council Regulation (EEC) No 4064/89 [2]. [2] OJ C 217, 29.07.2000, p. 32. 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 (EEC) No. 4064/89. For the Commission, (Signed) M. MONTI Member of the Commission