Hexion Specialty Chemicals Pty Ltd - proposed acquisition of Orica Australia Limited's formaldehyde resins business

Status:

Completed

Outcome:

Not opposed on 6 December 2006

Reference number:

23579

Industry:

Chemicals

Commenced:

1 September 2006

Total review days:

62 days

Acquirer(s)

For detailed market definition refer to Public Competition Assessment below.

For detailed competition analysis refer to Public Competition Assessment below.

Document title	Date
ACCC Statement of Issues ( PDF 102.09 KB )	1 Nov 2006

Document title	Date
Public Competition Assessments ( PDF 86.75 KB )	10 Jan 2007

Date	Event
01/09/2006	ACCC commences review under the Merger Review Process Guidelines. Market inquiries commence
15/09/2006	Closing date for submissions from interested parties.
06/10/2006	Having regard to the submissions received, the proposed date for ACCC findings has been revised from 13 October to 18 October.
10/10/2006	Proposed announcement delayed until 25 October (delay requested by Hexion to allow for provision of additional information).
18/10/2006	Proposed announcement delayed to allow for further inquiries.
01/11/2006	ACCC published a Statement of Issues outlining preliminary competition concerns. Proposed date for announcement of ACCC findings delayed to allow for market consultation on the ACCC's Statement of Issues.
15/11/2006	Closing date for submissions from interested parties
06/12/2006	ACCC decided not to oppose the proposed acquisition.