# C_2015072EN.01002501.xml

| 28.2.2015 | EN | Official Journal of the European Union | C 72/25 |
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28.2.2015

EN

Official Journal of the European Union

C 72/25

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Prior notification of a concentration

(Case M.7302 — Styrolution / Braskem / JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2015/C 72/12)

| 1. | On 23 February 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Styrolution Group GmbH (‘Styrolution’, Germany) and Braskem SA (‘Braskem’, Brazil) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a newly created company constituting a joint venture (‘JV’) by way of purchase of shares. |
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1.

On 23 February 2015, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Styrolution Group GmbH (‘Styrolution’, Germany) and Braskem SA (‘Braskem’, Brazil) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of a newly created company constituting a joint venture (‘JV’) by way of purchase of shares.

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| 2. | The business activities of the undertakings concerned are:
  —   for Styrolution: manufacturing and selling a range of thermoplastic resins based on styrene for use in different applications,
  —   for Braskem: manufacturing and selling of thermoplastic resins (such as polyethylene, polypropylene and polyvinyl chloride) as well as basic raw chemical materials,
  —   for the JV: selling certain thermoplastic resins in Brazil and other South American countries, among others on the basis of its own Brazilian production. |
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2.

The business activities of the undertakings concerned are:

—   for Styrolution: manufacturing and selling a range of thermoplastic resins based on styrene for use in different applications,

for Styrolution

—   for Braskem: manufacturing and selling of thermoplastic resins (such as polyethylene, polypropylene and polyvinyl chloride) as well as basic raw chemical materials,

for Braskem

—   for the JV: selling certain thermoplastic resins in Brazil and other South American countries, among others on the basis of its own Brazilian production.

for the JV

| 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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice. |
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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. Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7302 — Styrolution / Braskem / 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number M.7302 — Styrolution / Braskem / 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 ‘Merger Regulation’).

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(2)  OJ C 366, 14.12.2013, p. 5.

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