Propylenpipeline - English - Spanish Translation and Examples

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(8) The beneficiary will be European Pipeline Company BV (EPC), a consortium of companies in the chemical industry. Its predecessor was European Pipeline Development Company (EPDC). The shareholders are BASF AG, Celanese Chemical Europe GmbH, Shell Nederland Chemie BV, DSM NV, Rütgers Chemicals AG, Sasol Germany GmbH, Veba Oil Refining%amp% Petrochemicals GmbH, Westgas GmbH and SABIC Europe. The consortium owns the Dutch assets, 100% of the Belgium asset management company, EPDC Flanders NV, and 49,9% of the German asset management company, Propylenpipeline Ruhr GmbH (PRG) [3]. Landesentwicklungsgesellschaft Nordrhein-Westfalen (LEG) [4] owns the remaining 50,1% but is not liable for any financial obligation beyond its participation in the company’s capital. EPC and the Belgian and German asset management companies together established a joint venture, European Pipeline Administration Company (EPAC), that will be responsible for managing the entire pipeline.

(8) El beneficiario será European Pipeline Company BV (EPC), un consorcio de empresas químicas. Su predecesor es European Pipeline Development Company (EPDC). Los accionistas son BASF AG, Celanese Chemical Europe GmbH, Shell Nederland Chemie BV, DSM NV, Rütgers Chemicals AG, Sasol Germany GmbH, Veba Oil Refining%amp% Petrochemicals GmbH, Westgas GmbH y SABIC Europe. Este consorcio posee los activos neerlandeses, el 100% de la empresa belga de gestión de activos EPDC Flanders NV y el 49,9% de la empresa alemana de gestión de activos Propylenpipeline Ruhr GmbH (PRG) [3]. La empresa Landesentwicklungsgesellschaft Nordrhein-Westfalen (LEG) [4] posee el 50,1% restante, pero no está sujeta a ninguna obligación financiera más allá de su participación en el capital de la sociedad. EPC y las empresas belga y alemana de gestión de activos fundaron juntas una empresa común, "European Pipeline Administration Company" (EPAC), que se encargará de la gestión del conjunto de la tubería.

Last Update: 2008-03-04
Subject: Legal and Notarial
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