ADDITIVES
Price cartel for PVC additives suspected / Simultaneous raids on three continents
Investigators searching for evidence of a price-fixing cartel for PVC additives raided offices of 14 chemical companies in Europe, the US and Japan in mid February. The firms produce heat stabilisers, modifiers and auxiliaries. In Europe, three companies have confirmed visits from authorities, including Atofina (F-92091 Paris-La Defense; www.atofina.com), Akzo Nobel (NL-3800 AF Amersfoort; www.akzonobel.com) and its UK subsidiary Akcros (GB-Manchester M30 O; www.akcros.com).

In the US, Rohm & Haas (Philadelphia; Pennsylvania; www.rohmhaas.com) and Crompton (Middlebury, Connecticut; www.uniroyalchemical.com) have said they were visited. In Japan, companies reported to have been searched include Kaneka (www.kaneka.co.jp), Kureha (www.kureha.co.jp) and Mitsubishi Rayon (www.mrc.co.jp). This is believed to be the first time that authorities in the EU, the US, Canada and Japan have cooperated on such an investigation.
06.03.2003 Plasteurope.com [14963]
Published on 06.03.2003

© 2001-2025 Plasteurope.com  |  Imprint  |  Privacy  |  Cookie settings

Plasteurope.com is a business information platform for the European plastics industry. It is part of KI Kunststoff Information and PIE Plastics Information Europe, one of the leading content providers for the European plastics industry. We offer daily updated business news and reports, in-depth market analysis, polymer prices and other services for the international plastics industry, including a suppliers guide, career opportunities, a trade name directory and videos.

News | Polymer Prices | Material Databases | Plastics Exchange | Suppliers Guide | Jobs | Register | Advertising

PIE – Plastics Information Europe | KI – Kunststoff Information | KunststoffWeb | Plastics Material Exchange | Polyglobe | K-Profi
© 2001-2025 by Plasteurope.com, Bad Homburg
Date of print: 31.01.2025 14:44:24   (Ref: 568722326)
Text and images are subject to copyright and other laws for protection of intellectual property.
Any duplication or distribution in any media as a whole or in parts requires prior written approval by Plasteurope. URL: http://www.plasteurope.com/news/detail.asp