IHS Chemical Week

Europe Repeals Certain Fines Related to Heat Stabilizer Cartel

1:21 PM MDT | July 19, 2011 | Ian Young

The European Commission says it has repealed a November 2009 decision to impose fines on Elementis (London) and the former Ciba Specialty Chemicals for participating in a price-fixing cartel for heat stabilizers used in the manufacture of polyvinyl chloride. BASF acquired Ciba in 2009. A March 2011 decision by the European Court of Justice in a separate case clarified that the commission’s 2009 decision was “incorrect,” the commission says. Ciba and Elementis participated in the cartel only until 1998, even though the cartel continued to operate...

If you have already signed up for access to Chemical Week Regulatory Watch, please log in here.


Forgot your user ID or password?
Click here to have it sent to you. 

contact us | about us | privacy policy | sitemap

ihsCopyright © IHS, Inc.All rights reserved.Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa