Press release regarding the meeting of the Competition Council Section – held on Tuesday, April 17, 2024

In accordance with the provisions of Article 38 of the internal regulations of the Competition Council, the Council Section held a meeting on Wednesday, April 17, 2024 at 10:00 am, under the chairmanship of Mr. Adil BOUKBIR, Vice-President of the Competition Council, to examine the files submitted to it by the Council’s investigation services.

The section decided to authorize the following two economic concentration operations:

• The acquisition by the company « Bettcher Industries, Inc. » of the exclusive control of the company « Lima SAS », through the acquisition of 100% of its share capital and associated voting rights;
• The indirect joint control acquisition by the company « LyondellBasell Industries N.V. » of the company « National Petrochemical Industrial Company », through the acquisition of 35% of its share capital and associated voting rights, through the company « Basell International Holdings B.V. ».