31 May 2011 11:32 [Source: ICIS news]
TOKYO (ICIS)--Japanese chemical producer Kaneka Corp was raided by the Japan Fair Trade Commission (JFTC) on Tuesday on suspicion of violating the anti-monopoly act regarding sales of its foamed polystyrene (PS) blocks, the company said.
“Our group has always been thorough with the compliance [with the law and corporate ethics] and we are investigating the facts [regarding the case],” Kaneka said in Japanese in an official statement.
The statement did not have further details.
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