IHS Chemical Week

Regions :: Western Europe :: U.K.

Innospec Allots $40.2 Million to Settle Bribery Charges

2:07 PM MST | February 19, 2010 | Nancy Seewald

Innospec says it has set aside a total of $40.2 million to settle fines related to ongoing probes by U.S. and British authorities into whether the company violated federal securities laws under the United Nations oil-for-food program. Innospec says it expects the total settlement amount to be $18.3 million-$63.4 million, based on its discussions with government authorities. Meanwhile, Innospec reported a net loss of $300,000 in the fourth-quarter 2009, which includes a $21.9-million accrual for the oil-for-food settlement. Innospec posted earnings of $5 million...

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