The Federal Trade Commission is currently accepting public comments on an application from industrial gas suppliers Praxair, Inc. and Linde AG to divest a hydrogen gas and carbon monoxide gas plant to Celanese Ltd. The divestiture of the plant is required under the FTC’s October 22, 2018 proposed order, which requires Praxair and Linde to divest certain industrial gases assets to settle charges that the $80 billion merger of Praxair and Linde would violate federal antitrust law.
The application proposes that Celanese Ltd. will acquire Linde’s hydrogen gas and carbon monoxide gas plant in Clear Lake, Texas. The Commission will decide whether to approve the application after a 30-day public comment period, which expires on Dec. 21, 2018. Comments on the application can be filed electronically, or sent to: FTC Office of the Secretary, 600 Pennsylvania Ave., N.W., Washington. (FTC File No. 171 0068. The staff contact is Eric Rohlck, Bureau of Competition, 202-326-2681.)
The Federal Trade Commission works to promote competition, and protect and educate consumers. You can learn more about how competition benefits consumers or file an antitrust complaint. Like the FTC on Facebook, follow us on Twitter, read our blogs, and subscribe to press releases for the latest FTC news and resources.
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