Article |

Polypropylene merger shaved a bit

Montedison S.p.A. of Italy and Royal Dutch-Shell of the Netherlands will be allowed to finalize the $6-billion merger of polypropylene operations an-nounced last fall now that the two partners have agreed to sell off the polypropylene assets of Shell Oil in the U.S.
Print
FILED IN:  Applications  > Personal care  > Skincare
     

The merger creates Montell Polyolefins. The agreement settles a complaint filed by the Federal Trade Commission that the original plan to combine all polypropylene operations of the two companies would constitute a virtual monopoly. The agreement identified Union Carbide Corp. as one FTC-approved buyer of Shell's operations that would still provide competition to Montell. The FTC decision is open for comment until March 11.

Related Sponsored Content

E-BOOK SPECIAL REPORT
44 Best Package Designs
Sign up to receive timely updates from our editors and download this e-book of our editors’ selections for most innovative package designs of the past year.
x

Newsletters

Don't miss intelligence crucial to your job and business!
Click on any newsletter to view a sample. Enter your email address below to sign up!
GENERAL INTEREST
PACKAGE DESIGN/DEVELOPMENT
PACKAGING MACHINERY
SPECIAL INTEREST
PACK EXPO
Each newsletter ranges in frequency from once per month to a few times per month at most.