Occidental Petroleum Corporation and Vulcan Materials Company, In the Matter of

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In the Matter of Occidental Petroleum Corporation and Vulcan Materials Company
FTC Matter/File Number:

0510009

Docket Number:

C-4139

Enforcement Type:

Part 2 Consents

Case Summary

A consent order allows Occidental Chemical Company’s purchase of the chemical assets of Vulcan Materials Company, provided Occidental divests Vulcan’s Port Edwards, Wisconsin, chemical facility and related assets. The consent order alleviates the alleged anticompetitive impact of the acquisition in the markets for potassium hydroxide, anhydrous potassium carbonate (APC), and potassium carbonate, which includes APC and liquid potassium carbonate. The Port Edwards facility will be divested to ERCO Worldwide or to another Commission-approved buyer within six months if a problem is encountered with ERCO sale.