IHS Chemical Week

People & Business :: Corporate Social Responsibility

Bayer Fined Again for Fixing Rubber Prices

12:06 PM MST | January 28, 2008 | Ian Young

The European Commission has fined Bayer and Zeon (Tokyo) a combined €34 million ($50 million) for conspiring to fix the price of nitrile butadiene rubber (NBR) between 2000 and 2002. Bayer was fined €28.87 million and Zeon €5.36 million. “Bayer and Zeon managed to raise or otherwise stabilize prices through a series of meetings and other illicit contacts,” the commission says. The commission started its investigation in March 2003. The fines on Bayer and Zeon were reduced 30% and 20%, respectively, because they cooperated with the...

This information is only available to Chemical Week subscribers.


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

Not an IHS Chemical Week member yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine in print or digital format
  • Critical daily news and analysis on chemweek.com
  • Free mobile edition 
  • 20+ years of online archives
  • Topical e-newsletters that capture the most impactful events
  • Special issues with a regional or company focus
  • Global Outlook issue

Subscribe now

100% Satisfaction Guarantee
If at any time you are not completely satisfied with IHS Chemical Week, simply notify us and we'll refund the balance of your paid subscription - no problem.

Learn more about group subscriptions and site licenses.


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

ihsCopyright © 2015 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