Commission Decision of 11/09/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3132 - SASOL / MITSUBISHI CHEMICAL / JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) Official Journal 223 , 19/09/2003 P. 0002 - 0002 Commission Decision of 11/09/2003 declaring a concentration to be compatible with the common market (Case No IV/M.3132 - SASOL / MITSUBISHI CHEMICAL / JV) according to Council Regulation (EEC) No 4064/89 (Only the English text is authentic) To the notifying party Dear Madam(s) and/or Sir(s), Subject: Case No. COMP/M.3132 - Sasol/Mitsubishi/JV Notification of 12.8.2003 pursuant to Article 4 of Council Regulation (EEC) No.
4064/89 [1] Publication in the Official Journal of the European Union No. C 201, 26/08/2003, page 12 [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 12.8.2003, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EEC) No. 4064/89 by which Sasol Chemical Industries Limited, belonging to the Sasol Group ("Sasol"), and Mitsubishi Chemical Corporation ("MCC") acquire joint control of two newly created companies constituting joint ventures ("PJV" and "GJV").
The business activities of the undertakings concerned are : - Sasol: a diversified South African group of companies active mainly in oil and gas exploration and production, chemical and related manufacturing and marketing operations - MCC: a Japanese group of companies involved in various operations, including petrochemicals, speciality chemicals, pharmaceuticals and plastic-based products - PJV: production of acrylate products - GJV: sales and marketing of acrylate products 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, subparagraph 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, Mario MONTI Member of the Commission