# C_2011116EN.01001101.xml

| 14.4.2011 | EN | Official Journal of the European Union | C 116/11 |
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14.4.2011

EN

Official Journal of the European Union

C 116/11

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Prior notification of a concentration

(Case COMP/M.6151 — PetroChina/Ineos/JV)

(Text with EEA relevance)

2011/C 116/06

| 1. | On 5 April 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which PetroChina International (London) Company Limited (‘PCIL’, UK), wholly owned by PetroChina Company Limited (‘PetroChina’, China), in turn controlled by China National Petroleum Corporation (‘CNPC’, China), and Ineos AG (‘Ineos’, Switzerland) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the existing Ineos refining business, namely, the two refineries in Grangemouth (Scotland) and Lavera (France) and associated assets (collectively, ‘the Target’) by way of purchase of shares. |
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1.

On 5 April 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which PetroChina International (London) Company Limited (‘PCIL’, UK), wholly owned by PetroChina Company Limited (‘PetroChina’, China), in turn controlled by China National Petroleum Corporation (‘CNPC’, China), and Ineos AG (‘Ineos’, Switzerland) acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the existing Ineos refining business, namely, the two refineries in Grangemouth (Scotland) and Lavera (France) and associated assets (collectively, ‘the Target’) by way of purchase of shares.

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






  — | for PetroChina: production and distribution of petroleum and petrochemical products, |
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2.

The business activities of the undertakings concerned are:

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for PetroChina: production and distribution of petroleum and petrochemical products,

| — | for Ineos: manufacture of petrochemicals, specialty chemicals and oil products at global level, |
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for Ineos: manufacture of petrochemicals, specialty chemicals and oil products at global level,

| — | for the Target: production and wholesale supply of products resulting from the refining of crude oil at oil refineries. |
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for the Target: production and wholesale supply of products resulting from the refining of crude oil at oil refineries.

| 3. | On preliminary examination, the Commission finds that the notified transaction could fall within the scope the EC Merger Regulation. However, the final decision on this point is reserved. |
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3.

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

| 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 COMP/M.6151 — PetroChina/Ineos/JV, 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 e-mail to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6151 — PetroChina/Ineos/JV, 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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