CELEX: 32014M7041
Language: en
Date: 2014-01-17 00:00:00
Title: Commission Decision of 17/01/2014 declaring a concentration to be compatible with the common market (Case No COMP/M.7041 - CLARIANT / TASNEE / JV) according to Council Regulation (EC) No 139/2004 (Only the English text is authentic)

|[pic]                             |EUROPEAN COMMISSION                                                                                      |
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                                        Brussels, 17.1.2014
                                        C(2014) 333 final

|To the notifying parties:                                          |                                                                   |                                                                   |                                                                   |

Dear Madam/Sir,

Subject:    Case No COMP/M. 7041 - CLARIANT / TASNEE / JV
         Commission decision pursuant to Article 6(1)(b) of Council Regulation (EC) No 139/2004[1]

 1. On 6 December 2013, the European Commission received notification of a proposed concentration pursuant to Article 4 of the Merger  Regulation
    by which the undertaking Clariant Participations Limited, a wholly-owned subsidiary of  Clariant  AG  ("Clariant",  Switzerland),  and  Rowad
    National plastic Co. Ltd, a wholly-owned subsidiary of National Industrialisation  Company  ("Tasnee",  Saudi  Arabia),  acquire  within  the
    meaning of Article 3(1)(b) of the Merger Regulation joint control of the whole of Clariant Masterbatches Limited ("CMBSA", Saudi Arabia),  by
    way of purchase of shares.

 2. The business activities of the undertakings concerned are:

      -     Clariant: production and distribution of specialty chemicals globally;

      -     Tasnee: building, management, operation and ownership of petrochemical, chemical, plastic, engineering and metal projects as well  as
           provision of industrial services globally;

      -     CMBSA: production and distribution of masterbatches primarily to customers on the Arabian Peninsula[2].
 1. After examination of the notification, the European Commission has concluded that the notified operation falls within the scope of the Merger
    Regulation and of paragraph 5(a) and 5(c) of the Commission Notice on a simplified procedure for treatment of  certain  concentrations  under
    Council Regulation (EC) No 139/2004[3].

 2. For the reasons set out in the Notice on a simplified procedure, the European Commission has decided not to oppose the notified operation and
    to declare it compatible with the internal market and with the EEA Agreement. This decision is adopted in application of Article  6(1)(b)  of
    the Merger Regulation.

                                        For the Commission

                                        Signed
                                        Alexander ITALIANER
                                        Director General

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[1]   OJ L 24, 29.1.2004, p. 1 ("the Merger Regulation"). With effect from 1 December 2009, the Treaty on the Functioning of the  European  Union
      ("TFEU") has introduced certain changes, such as the replacement of "Community" by "Union" and "common market" by  "internal  market".  The
      terminology of the TFEU will be used throughout this decision.
[2]   Publication in the Official Journal of the European Union No C 366, 14.12.2013, p. 36.

[3]   OJ C 366, 14.12.2013, p. 5.

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                                                                  PUBLIC VERSION

                                                           SIMPLIFIED MERGER PROCEDURE