IHS Chemical Week

Markets :: Plastics :: Polypropylene

Korea Fines Firms for Fixing PP and HDPE Prices

1:08 PM MDT | August 6, 2007 | Chemical Week Editorial Staff

Korea’s Fair Trade Commission (FTC; Seoul) has fined nine Korean companies a combined won105.1 billion ($112 million) for conspiring to fix prices of polypropylene (PP) and high-density polyethylene (HDPE) between 1994 and 2005. The companies include Daelim Industrial, Hyosung, Korea Petrochemical Industry Co. (KPIC), LG Chem, and SK Corp. Honam Petrochemical participated in the price-fixing cartel but was not fined because it helped FTC with its investigation, FTC says. SK received the biggest fine (won23.8 billion) followed by KPIC (won21.2 billion) and...

This information is only available to Chemical Week subscribers.

Username:
Password:

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

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers

 

 

 













 
contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2012 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