24 September 2001 00:00 [Source: ICB]
In EC-speak - 'The combination of the respective petrochemical activities of BP and E.On, on the one hand, and of Shell and DEA, on the other hand, raise fears of a creation of a collective dominant position, in particular on the market for the supply of ethylene on the ethylene pipeline network called ARG. This pipeline network and its extensions link various production sites, sea terminals and ethylene consumers in Belgium, the Netherlands and western Germany.
'Both merged entities will control the biggest part of the market and of the underlying infrastructure, consisting of steam cracking equipment, the core ARG pipeline network and its extensions as well as connected sea terminals. The transactions will also eliminate the only downstream non-integrated ethylene producers from the market.'
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