do-me/EUR-LEX huggingface dataset:
Prior notification of a concentration (Case COMP/M.3203 — Total/Samsung Chemicals/JV) — Candidate case for simplified procedure (Text with EEA relevance)
Date: 2003-06-28
Institutions: European Commission
Subjects: economic concentration, exchange of information, merger control, oil industry

C 152/20

EN

Official Journal of the European Union

28.6.2003

Prior notification of a concentration

(Case COMP/M.3203 — Total/Samsung Chemicals/JV)

Candidate case for simplified procedure

(2003/C 152/08)

(Text with EEA relevance)

On 18 June 2003 the Commission received notification of a proposed concentration pursuant to
1.
Article 4 of Council Regulation (EEC) No 4064/89 (1), as last amended by Regulation (EC) No 1310/97 (2),
by which the undertakings Samsung General Chemicals Co. Ltd,
(Samsung), Korea, belonging to the
Samsung Group, and Total Holdings UK Ltd, belonging to the Total Group (Total), France, acquire,
within the meaning of Article 3(1)(b) of the Regulation,
joint control of the undertaking Samsung
Atofina Ltd, (JV), Korea, by way of purchase of shares in a newly-created company constituting a joint
venture.

2.

The business activities of the undertakings concerned are:

— Samsung: manufacture of basic petrochemical products and commodity polymers,

— Total: oil exploration, development, refining, marketing, trading, shipping and production of base

chemicals and commodity polymers,

— JV: polyolefins, base chemicals and styrene.

3.
On preliminary examination, the Commission finds that the notified concentration could fall within
the scope of Regulation (EEC) No 4064/89. However, the final decision on this point is reserved. Pursuant
to the Commission Notice on simplified procedure for treatment of certain concentrations under Council
Regulation (EEC) No 4064/89 (3), it should be noted that this case is a candidate for treatment under the
procedure set out in the notice.

The Commission invites interested third parties to submit

4.
proposed operation.

their possible observations on the

Observations must reach the Commission not later than 10 days following the date of this publication.
Observations can be sent by fax (No (32-2) 296 43 01 or 296 72 44) or by post, under reference
COMP/M.3203 — Total/Samsung Chemicals/JV, to:

European Commission,
Directorate-General for Competition,
Merger Registry,
J-70,
B-1049 Brussels.

(1) OJ L 395, 30.12.1989, p. 1; corrigendum: OJ L 257, 21.9.1990, p. 13.
(2) OJ L 180, 9.7.1997, p. 1; corrigendum: OJ L 40, 13.2.1998, p. 17.
(3) OJ C 217, 29.7.2000, p. 32.
Euro exchange rates
Date: 2003-06-28
Institutions: European Commission
Subjects: euro, exchange rate

28.6.2003

EN

Official Journal of the European Union

C 152/19

I

(Information)

COMMISSION

Euro exchange rates (1)

27 June 2003

(2003/C 152/07)

1 euro =

USD

JPY

DKK

GBP

SEK

CHF

ISK

NOK

BGN

CYP

CZK

EEK

HUF

LTL

Currency

US dollar

Japanese yen

Danish krone

Pound sterling

Swedish krona

Swiss franc

Iceland króna

Norwegian krone

Bulgarian lev

Cyprus pound

Czech koruna

Estonian kroon

Hungarian forint

Lithuanian litas

Exchange
rate

1,1413

136,76

7,427

0,6901

9,1828

1,5452

87,02

8,273

1,9462

LVL

MTL

PLN

ROL

SIT

SKK

TRL

AUD

CAD

Currency

Latvian lats

Maltese lira

Polish zloty

Romanian leu

Slovenian tolar

Slovak koruna

Turkish lira

Australian dollar

Canadian dollar

0,58627

HKD

Hong Kong dollar

31,6

NZD

New Zealand dollar

15,6466

SGD

Singapore dollar

Exchange
rate

0,6476

0,4264

4,47

37 700

233,865

41,69

1 630 000

1,7166

1,5448

8,8999

1,9648

2,0038

266,25

KRW

South Korean won

1 363,17

3,4528

ZAR

South African rand

8,575

___________
(1) Source: reference exchange rate published by the ECB.