Press Release: Mergers: Commission clears proposed acquisition of Huntsman by Hexion, subject to conditions

The European Commission approved under the EU Merger Regulation the proposed acquisition of Huntsman Corporation by Hexion Specialty Chemicals Inc., both US-based chemical manufacturers. The Commission's decision was conditional upon Hexion´s commitment to divest epoxy production and R&D facilities in Germany and in the US. The Commission concluded that the transaction, as modified by this commitment, would not significantly impede effective competition in the European Economic Area (EEA) or any substantial part.