Synthetic rubber cartel (Eni and Versalis) (AT.40032)
Synthetic rubber cartel (Eni and Versalis) (AT.40032)

The following Competition guidance note provides comprehensive and up to date legal information covering:

  • Synthetic rubber cartel (Eni and Versalis) (AT.40032)
  • Case facts
  • Timeline
  • Commentary

CASE HUB (appeals lodged at the General Court in Cases T- 241/12 (Versalis) and T- 240/12 (Eni))

See further, timeline.

Case facts

Outline European Commission (Article 101 TFEU) investigation into re-imposition of fines in the synthetic rubber cartel (Case AT.40032).
Parties Eni SpA (Eni) and its affiliate Versalis SpA (Versalis—formerly Polimeri Europa SpA).

Eni is the ultimate parent company of the Eni Group. Eni’s business in the relevant products was initially carried out by EniChem Elastomeri Srl (Elastomeri), indirectly controlled by Eni through its subsidiary EniChem SpA (EniChem). On 1 November 1997, Elastomeri was merged into EniChem. Eni controlled 99.97% of EniChem. On 1 January 2002, EniChem transferred its strategic chemical business (including its BR and ESBR business) to its wholly‑owned subsidiary Polimeri Europa SpA (Polimeri, now Versalis). Eni has had direct and full control of Versalis since 21 October 2002. With effect from 1 May 2003, EniChem changed its name to Syndial SpA (Syndial).