The Federal Trade Commission (FTC) has opened a 30-day public comment period for Praxair, Inc. and Linde AG to divest a hydrogen gas and carbon monoxide gas plant to Celanese Ltd.
The application proposes that Celanese Ltd will acquire Linde’s hydrogen gas and carbon monoxide gas plant in Clear Lake, Texas, as part of the divestitures needed for the Linde-Praxair $90bn merger to be completed.
The FTC will decide whether to approve the application after a 30-day public comment period, which expires on 21st December.
Praxair and Linde have agreed to divest the required facilities within four months of signing the Agreement Containing Consent Orders in October. They cannot integrate their operations until the divestitures to Messer and Matheson are done.
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