# C_2022305EN.01001101.xml

| 10.8.2022 | EN | Official Journal of the European Union | C 305/11 |
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10.8.2022

EN

Official Journal of the European Union

C 305/11

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Prior notification of a concentration

(Case M.10797 – PCG / PERSTORP)

(Text with EEA relevance)

(2022/C 305/06)

1.

This notification concerns the following undertakings:

| — | PETRONAS Chemicals Group Berhad (‘PCG’, Malaysia); |
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PETRONAS Chemicals Group Berhad (‘PCG’, Malaysia);

| — | PERSTORP HOLDING AB (publ.) (‘Perstorp’ or ‘Target’, Sweden). |
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PERSTORP HOLDING AB (publ.) (‘Perstorp’ or ‘Target’, Sweden).

PCG will acquire within the meaning of Article 3(1)(b) of the Merger Regulation sole control of the whole of Perstorp.

The concentration is accomplished by way of purchase of shares.

2.

| — | PCG is a publicly listed company duly incorporated and existing under the laws of Malaysia. PCG is active primarily in manufacturing and selling a diversified range of petrochemical products such as olefins, polymers, fertilizers, methanol, and other basic chemicals and derivative products. PCG is solely controlled by Petroliam Nasional Berhad (‘Petronas’), which is PCG’s major shareholder. |
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PCG is a publicly listed company duly incorporated and existing under the laws of Malaysia. PCG is active primarily in manufacturing and selling a diversified range of petrochemical products such as olefins, polymers, fertilizers, methanol, and other basic chemicals and derivative products. PCG is solely controlled by Petroliam Nasional Berhad (‘Petronas’), which is PCG’s major shareholder.

| — | Perstorp is a company headquartered in Malmö (Sweden), which serves as the top holding company for the Perstorp group of companies. Perstorp is a chemical provider, with a focus on providing sustainable solutions for customers in the resins and coatings, engineered fluids and animal nutrition industries. Perstorp is globally present with seven production plants in Europe, North America and Asia. |
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Perstorp is a company headquartered in Malmö (Sweden), which serves as the top holding company for the Perstorp group of companies. Perstorp is a chemical provider, with a focus on providing sustainable solutions for customers in the resins and coatings, engineered fluids and animal nutrition industries. Perstorp is globally present with seven production plants in Europe, North America and Asia.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

4.

Observations must reach the Commission not later than 10 days following the date of this publication. The following reference should always be specified:

M.10797 – PCG / PERSTORP

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

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

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 ‘Merger Regulation’).

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