IHS Chemical Week

Chemical Week Magazine :: Newsbriefs

Sasol fine reduced

2:04 PM MDT | September 1, 2014

The European General Court (Luxembourg) has more than halved the €318-million ($420 million) fine imposed on Sasol in 2008 for participating in a price-fixing cartel for paraffin wax. The fine was cut to €150 million after judges decided that the European Commission wrongly blamed Sasol for the behavior of wax company Schumann. Sasol bought a stake in Schumann in 1995 and acquired the rest of the company in 2002. The commission’s investigation of the cartel covers...

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 subscriber yet?

Here's why you should be:

  • 31 issues of Chemical Week magazine a year in print or digital format
  • Real time news and analysis on chemweek.com 
  • 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


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