Dow anti-trust trial begins

URETHANES TECHNOLOGY INTERNATIONAL

Published: January 23, 2013 12:03 pm ET
Updated: January 23, 2013 12:09 pm ET

Related to this story

Topics Legal, Polyurethane, Materials Suppliers
Companies & Associations Dow Chemical Co.

KANSAS CITY -- Dow Chemical Co. has gone to trial over allegations it took part in a conspiracy to fix the prices of urethane chemicals, specifically polyether polyols, Bloomberg reports.

Dow was one of several chemical company defendants named in a class action lawsuit in 2005. Sued alongside Bayer AG, BASF SE, Huntsman International and Lyondell Chemical Co., Dow is the only company that has not settled with the plaintiffs, who were purchasers of the companies' products.

The lawsuit alleges that Dow and its competitors began fixing prices for chemicals from 1999 to 2003, at a time when there was excess demand in industry.

Dow has denied the allegations.


Comments

Dow anti-trust trial begins

URETHANES TECHNOLOGY INTERNATIONAL

Published: January 23, 2013 12:03 pm ET
Updated: January 23, 2013 12:09 pm ET

Post Your Comments


Back to story


More stories

Image

Material Insights: PE makers declare force majeure

July 21, 2014 1:53 pm ET

Plus, changes in PET bottle resin price, PolyOne closing facilities and CCP Composites gets bought.    More

Image

'Genericide' and plastic product trademarks

July 21, 2014 10:52 am ET

Covering the plastics industry, we're constantly interviewing sources who talk about products using the trademarked names.    More

China launches investments in Belarus

July 21, 2014 10:10 am ET

China is preparing to invest in a major bottle grade PET production project planned by the Belarus PET and polyester fibers producer...    More

Image

Polynt, CCP create composite resins giant

July 18, 2014 10:13 am ET

France's Total SA has agreed to sell CCP Composites to Polynt Group SpA, based in Italy, for an undisclosed price.    More

Image

PET prices climb 2 cents

July 17, 2014 2:22 pm ET

After holding their ground in May, North American PET prices rebounded to show an average increase of 2 cents per pound in June.    More

Market Reports

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Plastics Recycling Market Review & Outlook 2014

This special report from Plastics News examines the North American plastics recycling industry and provides insight into indicators that impact market viability, including Resin pricing trends for virgin and recycled market material and historical Resin production trends for post- consumer and industrial waste.

Learn more

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Upcoming Plastics News Events

September 10, 2014 - September 12, 2014Plastics Caps & Closures 2014

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

More Events