30 June 2008 17:30 [Source: ICIS news]
LONDON (ICIS news)--The European Commission is investigating Evonik over the alleged participation in a cartel in the calcium carbide and magnesium powder sector, the German specialty chemicals company said on Monday.?xml:namespace>
Evonik said it was being held liable as a former parent company of SKW Stahl Metallurgie, due to the subsidiary's activities in 2004.
“This liability is limited to a period extending only a few months up to the sale of SKW in 2004. Evonik Degussa is not being accused of having a part in the wrongdoing,” the company said in a statement.
The EC said last year that it had carried out unannounced inspections at the premises of several EU calcium carbide suppliers in ?xml:namespace>
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