24 July 2006 13:47 [Source: ICIS news]
PRAGUE (ICIS news)--The Polish Chamber of the Chemical Industry on Monday defended Poland's five largest fertiliser producers which have come under a price collusion investigation by Poland's anti-monopoly authorities.
Last week saw employees of the Office of Competition and Consumer Protection (UOKiK), assisted by police, enter offices of the Anwil, Zaklady Azotowe Tarnow, Zaklady Chemiczne Police, Zaklady Azotowe Pulawy (ZAP) and Zaklady Azotowe Kedzierzyn (ZAK) companies.
UOKiK checked documents and interviewed employees as it pursued allegations that the companies and distributors were overcharging farmers through a cartel agreement.
However, the chamber was confident the investigation would find no evidence of any wrongdoing. In a statement, it pointed out that "in the EU we are closely watched by the European Commission while the European Fertiliser Manufacturers' Association (EFMA), the biggest association of fertiliser producers in Europe, watches the prices on the European market. No cartel agreement of the kind suggested could exist."
The chamber also noted that the companies had managed to keep their prices relatively low despite soaring prices of natural gas, the main feedstock for their products.
UOKiK said it would reserve its response for a later date as the investigation was ongoing.
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