17 March 2006 18:04 [Source: ICIS news]
WASHINGTON (ICIS news)--The US Department of Justice (DoJ) confirmed on Friday it is investigating possible antitrust violations in the polyurethanes industry.
DoJ spokeswoman Gina Talamona said: “The antitrust division is investigating the possibility of anticompetitive practices in the polyurethane industry.”
She declined to say how long the investigation has been under way or provide any information about the scope of the inquiry.
DoJ’s formal confirmation of the polyurethanes inquiry comes after several major producers have said they have received subpoenas from DoJ. Dow Chemical, Bayer Material Sciences, BASF Corp and Lyondell have confirmed they have been subpoenaed. All said they are co-operating with the department’s investigation.
The polyurethanes inquiry by DoJ is part of an ongoing and widening ?xml:namespace>
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections