# C_2014012EN.01000401.xml

| 16.1.2014 | EN | Official Journal of the European Union | C 12/4 |
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16.1.2014

EN

Official Journal of the European Union

C 12/4

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Prior notification of a concentration

(Case COMP/M.7074 — JSR/MOL/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

2014/C 12/04

| 1. | On 9 January 2014, the Commission received a notification of a proposed concentration, pursuant to a referral within the meaning of Article 4(5) of Council Regulation (EC) No 139/2004 (1), by which JSR Corporation (‘JSR’, Japan) and MOL Hungarian Oil and Gas Company Plc (‘MOL’, Hungary) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over Vierium Investment Zrt (‘Vierium’, Hungary), by way of purchase of shares in a newly created company constituting a joint venture. |
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1.

On 9 January 2014, the Commission received a notification of a proposed concentration, pursuant to a referral within the meaning of Article 4(5) of Council Regulation (EC) No 139/2004 (1), by which JSR Corporation (‘JSR’, Japan) and MOL Hungarian Oil and Gas Company Plc (‘MOL’, Hungary) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control over Vierium Investment Zrt (‘Vierium’, Hungary), by way of purchase of shares in a newly created company constituting a joint venture.

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






  — | JSR: active worldwide in the field of production and sale of petrochemical products, namely elastomers and plastics, and fine chemical materials, such as semiconductor materials, biomedical materials, optical materials, materials used in the production of liquid crystal displays, high performance material used in the environment and energy sector, etc, |
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2.

The business activities of the undertakings concerned are:

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JSR: active worldwide in the field of production and sale of petrochemical products, namely elastomers and plastics, and fine chemical materials, such as semiconductor materials, biomedical materials, optical materials, materials used in the production of liquid crystal displays, high performance material used in the environment and energy sector, etc,

| — | MOL: active mainly in the EEA in the field of exploration, production and refining of crude oil; distribution of refined oil products both at wholesale and retail level; petrochemicals; and exploration, production and transmission of natural gas, |
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MOL: active mainly in the EEA in the field of exploration, production and refining of crude oil; distribution of refined oil products both at wholesale and retail level; petrochemicals; and exploration, production and transmission of natural gas,

| — | Vierium: will be active in the production of a synthetic rubber, namely solution polymerised styrene butadiene rubber (S-SBR). |
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Vierium: will be active in the production of a synthetic rubber, namely solution polymerised styrene butadiene rubber (S-SBR).

| 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.7074 — JSR/MOL/JV, to the following address:





  European Commission |
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| Directorate-General for Competition |
| Merger Registry |
| 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.7074 — JSR/MOL/JV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

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 366, 14.12.2013, p. 5 (‘Notice on a simplified procedure’).

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