Following the approval by the European Commission, Compagnie PLASTIC OMNIUM and SOLVAY S.A. have just received the approval from the United States Federal Trade Commission to create a joint 50/50 owned company in the automotive fuel systems sector. The company, to be named INERGY AUTOMOTIVE SYSTEMS, will launch operations in September 2000. It will reach sales of EUR 1 billion in 2001 and employ 3,300 associates.
FRANCE: Birth of a World Leader in Fuel Systems
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