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Document 52021M10474

Prior notification of a concentration (Case M.10474 – NESTE / RAVAGO / JV) Candidate case for simplified procedure (Text with EEA relevance) 2021/C 446/08

PUB/2021/853

OJ C 446, 3.11.2021, p. 35–35 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

3.11.2021   

EN

Official Journal of the European Union

C 446/35


Prior notification of a concentration

(Case M.10474 – NESTE / RAVAGO / JV)

Candidate case for simplified procedure

(Text with EEA relevance)

(2021/C 446/08)

1.   

On 20 October 2021, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1).

This notification concerns the following undertakings:

Neste Oyj (‘Neste’) (Finland),

Ravago S.A. (‘Ravago’) (Luxembourg).

This notification concerns in the acquisition of joint control by Neste and Ravago in a newly established full-function joint venture within the meaning of Article 3(4) of the Merger Regulation.

The concentration is accomplished by way of purchase of shares in a newly created company constituting a joint venture.

2.   

The business activities of the undertakings concerned are:

for Neste: active in oil refining and commercialisation, focusing on low-emission, high-quality traffic fuels,

for Ravago: active in the distribution of plastics, rubber and chemicals and in the production of recycled/compounded polymers,

for the JV: active in the production and sale of liquefied waste plastic.

3.   

On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the 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 Council Regulation (EC) No 139/2004 (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. The following reference should always be specified:

M.10474 – NESTE / RAVAGO / JV

Observations can be sent to the Commission by email, by fax, or by post. Please use the contact details below:

Email: COMP-MERGER-REGISTRY@ec.europa.eu

Fax +32 22964301

Postal address:

European Commission

Directorate-General for Competition

Merger Registry

1049 Bruxelles/Brussel

BELGIQUE/BELGIË


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

(2)  OJ C 366, 14.12.2013, p. 5.


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