The European Commission announced that it has decided under Article 6(1)(b) of the EC Merger Regulation to approve the acquisition of sole control of LyondellBasell Industries AF S.C.A (LBI) by Access Industries group (Access) and ProChemie Holding Limited (PCH). Access is a US company which is active in oil, petrochemicals, coal, aluminium, power and real estate. PCH, which is registered in Jersey, supplies arms systems, defence and security products, manufactures and supplies lawn mowers, garden tools and lawn care products and operates and trades in executive aircraft. LBI, based in Luxembourg, manufactures and supplies polymers, fuels and chemicals. The transaction was examined under the simplified merger procedure.