OREANDA-NEWS. July 04, 2011. The Federal Antimonopoly Service (FAS Russia) received a petition of “SIBUR-Minudobrenia” OJSC (location: Litt. A, 5, Galernaya St., St Petersburg, 190000; main activities – production and sales of mineral fertilizers, caprolactam, organic synthesis products and their derivatives) on acquiring 96.845% voting shares of “Mineralnie Udobrenia” OJSC (location: 96, Promyshlennaya St., Perm, 614055; main activities – production of nitrogen compounds and fertilizers), which together with the shares possessed by “SIBUR-Minudobrenia” OJSC will form 100% voting shares of “Mineralnie Udobrenia” OJSC, reported the press-centre of FAS Russia.

Governed by Clause 2 Part 2 and Part 3 Article 33 of the No.135-FZ Federal Law “On Protection of Competition” of 26th July 2006, the Federal Antimonopoly Service (FAS Russia) examined the petition and has extended the period for petition consideration for two months in order to additionally examine the petition and obtain additional information.

Interested persons can provide information to the antimonopoly authority as to how the above transaction can affect the state of competition.