Acquirer(s)
- Nuplex Industries (Aust) Pty Ltd
Target(s)
- Huntsman Chemical Company Australia Pty Ltd
Summary
Nuplex proposes to acquire the resins manufacturing and composites resale business of Huntsman.Market definition
For the purpose of this assessment the ACCC considered the following narrow markets:- the national market for the manufacture and supply of unsaturated polyester resins;
- the national market for the manufacture and supply of vinyl ester resins; and
- the national market for the manufacture and supply of gelcoats and flowcoats.
The competition assessment in this instance would not change even if a broader product market was adopted.
Competition analysis
The ACCC decided not to oppose the proposed acquisition on the basis that imports would be likely to constrain the merged firm.Timeline
| Date | Event |
|---|---|
ACCC commenced review under the Merger Review Process Guidelines. Market inquiries commenced |
|
Closing date for submissions from interested parties |
|
ACCC decided not to oppose the acquisition |