# C_2012310EN.01004101.xml

| 13.10.2012 | EN | Official Journal of the European Union | C 310/41 |
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13.10.2012

EN

Official Journal of the European Union

C 310/41

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Prior notification of a concentration

(Case COMP/M.6721 — First Reserve Management/SK Capital Partners/TPC)

Candidate case for simplified procedure

(Text with EEA relevance)

2012/C 310/07

| 1. | On 8 October 2012, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings First Reserve Management, LP (‘First Reserve’, USA) and SK Capital Partners (‘SK’, USA) acquire within the meaning of Article 3(1)(b) of the Merger Regulation, joint control of the undertaking TPC Group Inc. (‘TPC’, USA) by way of purchase of shares. |
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1.

On 8 October 2012, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings First Reserve Management, LP (‘First Reserve’, USA) and SK Capital Partners (‘SK’, USA) acquire within the meaning of Article 3(1)(b) of the Merger Regulation, joint control of the undertaking TPC Group Inc. (‘TPC’, USA) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:






  — | for First Reserve: private equity and infrastructure investment specialising in the energy industry, including oilfield services, energy infrastructure and power and energy reserves, |
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2.

The business activities of the undertakings concerned are:

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for First Reserve: private equity and infrastructure investment specialising in the energy industry, including oilfield services, energy infrastructure and power and energy reserves,

| — | for SK: private investment firm with a focus on the specialty materials, chemicals and healthcare sectors, and, |
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for SK: private investment firm with a focus on the specialty materials, chemicals and healthcare sectors, and,

| — | for TPC: manufacture of value added products derived from petrochemical raw materials, such as C4 and C3 hydrocarbons, which are used in the manufacture of performance and specialty chemicals. |
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for TPC: manufacture of value added products derived from petrochemical raw materials, such as C4 and C3 hydrocarbons, which are used in the manufacture of performance and specialty chemicals.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice. |
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3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC Merger Regulation. However, the final decision on this point is reserved. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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| 4. | The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.
  Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6721 — First Reserve Management/SK Capital Partners/TPC, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| J-70 |
| 1049 Bruxelles/Brussel |
| BELGIQUE/BELGIË |

4.

The Commission invites interested third parties to submit their possible observations on the proposed operation to the Commission.

Observations must reach the Commission not later than 10 days following the date of this publication. Observations can be sent to the Commission by fax (+32 22964301), by email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6721 — First Reserve Management/SK Capital Partners/TPC, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

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(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

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(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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