EC approves BP and ABF bioethanol joint venture

30 August 2007 17:20  [Source: ICIS news]

LONDON (ICIS news)--The European Commission (EC) has approved BP and Associated British Food's joint venture to build a bioethanol plant in the UK, the EC said on Thursday.

 

The two companies along with Du Pont are joining together to design, construct and operate a bioethanol plant in Hull, which from 2009-2010 will produce and market bioethanol primarily for use as a blending material for biofuels.

 

“Given the limited overlap of the parties’ activities the commission found that the proposed transaction is not likely to affect competition in the European Economic Area or any substantial part of it,” said the EC.

By: Lucy Craymer
+44 20 8652 3214

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly