BRUSSELS, Aug 29 (Reuters) - Swedish refiner Nynas will winunconditional EU antitrust approval for its proposed acquisitionof most units of Royal Dutch Shell's Harburg refinery,a person familiar with the matter said on Thursday.
Nynas, which announced the deal for the 100,000 barrels perday (BPD) refinery in southern Hamburg in 2011, sought approvalfrom the European Commission in February this year.
The EU competition authority opened an extensiveinvestigation into the planned takeover in March, worried thatthe merged company would be the sole producer of naphthenic baseoils in Europe.
These oils are used to produce industrial grease,metalworking fluids, adhesives, inks, insoluble sulphur,industrial rubber and fertilisers.
Nynas has managed to allay the regulatory concerns withoutoffering any concessions, the source said.
"There are indications that the deal will be unconditionallycleared," the person said.
The spokesman for competition policy at the Commission,Antoine Colombani, declined to comment. The EU executive has seta Sept. 6 deadline for its decision.
The European refinery business has seen a wave ofconsolidation, hit by weak profit margins and high oil prices.
