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Document C2011/323/09

Prior notification of a concentration (Case COMP/M.6235 — Honeywell/Sinochem/JV) — Candidate case for simplified procedure Text with EEA relevance

OJ C 323, 8.11.2011, p. 11–11 (BG, ES, CS, DA, DE, ET, EL, EN, FR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

Date of document:
08/11/2011; Date of publication
Author:
European Commission
Form:
Announcements

8.11.2011   

EN

Official Journal of the European Union

C 323/11

Prior notification of a concentration

(Case COMP/M.6235 — Honeywell/Sinochem/JV)

Candidate case for simplified procedure

(Text with EEA relevance)

2011/C 323/09

1.

On 28 October 2011, the Commission received a notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which Honeywell International Inc. (‘Honeywell’, USA) and Sinochem Lantian Company Ltd. (‘Sinochem Lantian’, China) part of Sinochem Group (China) 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’, China) by way of purchase of shares.

2.

The business activities of the undertakings concerned are:

—

for Honeywell: active in aerospace products and services, automation and control solutions, speciality materials and transportation and power systems,

—

for Sinochem Lantian: active in R&D and production of chemicals, pharmaceutical distribution, engineering design, production of pesticides and real estate development. Sinochem Lantian is part of Sinochem Group, which has activities in various sectors, including chemicals, energy, financial and real estate,

—

for JV: manufacture of HFC-245fa, a blowing agent which will be mainly sold for closed-cell polyurethane foam insulation purposes. The JV will be exclusively active in Asia.

3.

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the EC 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 EC Merger Regulation (2) it should be noted that this case is a candidate for treatment under the procedure set out in the Notice.

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 email to COMP-MERGER-REGISTRY@ec.europa.eu or by post, under reference number COMP/M.6235 — Honeywell/Sinochem/JV, to the following address:

European Commission

Directorate-General for Competition

Merger Registry

J-70

1049 Bruxelles/Brussel

BELGIQUE/BELGIË

(1)  OJ L 24, 29.1.2004, p. 1 (the ‘EC Merger Regulation’).

(2)  OJ C 56, 5.3.2005, p. 32 (‘Notice on a simplified procedure’).

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