BRUSSELS, Aug. 2 -- The European Union (EU) regulators approved the creation of a joint venture between China National Chemical Corporation (ChemChina) and Japan-based Asahi Kasei Corporation (AKC) on Wednesday, saying the case raised no competition concerns.
The joint venture has no actual or foreseen activities in the European Economic Area as it is designed to be active in China, said the European Commission, the bloc's executive arms which oversees competition policy, in a press release.
ChemChina is active worldwide in the production of a wide range of chemical products while AKC is active globally in the production of fibres, chemical products, electronics materials, pharmaceutical products, medical devices and housing.
The two global companies concluded a joint venture agreement in February in a bid to facilitate production and sale of their flagship plastic goods in China, said ChemChina on its website.
The EU, as well as other major economies, screens mergers, acquisitions and joint ventures between multinationals under antitrust regulations.
The Shanghai World Expo(上海世博会)
My Daily Schedule
Travels on Holidays in China(在中国的假期旅行)
My favorite movies
Summer Vacation
中英语作文--如何保护环境
A cry for Nature Conservation
The Shanghai World Expo(上海世博会)
上海世博会对中国的影响
城市最佳实践区
如何成为一个可爱的上海人
The World Expo in 2010
My favorite animals
ard to The Teacher
father is a gentle man
My Favorite Places
如果我是世博会的志愿者
My Favourite subject(我最喜欢的学科)
flower survived
哈尔滨的水污染
my pet cat
上海世博会
Health or Wealth
My Hobbies
雪为题写一篇英语短文
My Motto
To Be a Teacher 0r a Businessman
乐的一天(a happy day)
关于母亲节的这些事实 你有必要了解一下
Shanghai Museum
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英语教案 |
英语课件 |
英语试题 |
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