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EU: EC launches chemical merger investigation

By  |  March 5, 2014

The European Commission announced Wednesday that it has launched an in-depth investigation into the merger between chemicals makers Huntsman and Rockwood over concerns the deal could harm competition.

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    Reports say the Commission will probe Huntsman’s acquisition of Rockwood assets and will decide by July 22 on whether the deal was legal or not.

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    Specifically, the regulator said it is concerned that the merger reduces competition in the sulphate-based titanium dioxide industry, a chemical used in various products including toothpaste and paper.

    Full Content: Reuters

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