Clariant Rejects Lyondellbasell's Allegations Against Four Companies Related To 2020 Competition Law Infringement
ReutersJul 18, 2025 5:03 AM
July 18 (Reuters) - CLARIANT AG CLN.S:
REJECTS LYONDELLBASELL'S ALLEGATIONS AGAINST FOUR COMPANIES RELATED TO 2020 COMPETITION LAW INFRINGEMENT
RECEIVED A CLAIM FOR DAMAGES AGAINST FOUR COMPANIES, INCLUDING CLARIANT, FROM LYONDELLBASELL WITH COURT OF AMSTERDAM, NETHERLANDS
CLAIM ALLEGES DAMAGES TOTALING TO AROUND EUR 1.6 BILLION IN RELATION TO INFRINGEMENT OF COMPETITION LAW ON ETHYLENE PURCHASING MARKET WHICH WAS SANCTIONED BY EUROPEAN COMMISSION IN JULY 2020
CLARIANT FIRMLY REJECTS ALLEGATION AND WILL ADAMANTLY DEFEND ITS POSITION IN PROCEEDINGS
Further company coverage: CLN.S
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