Ethylene market investigation
Published by Angharad Lock,
Digital Assistant Editor
Hydrocarbon Engineering,
Clariant is part of an ongoing competition law investigation by the European Commission into the ethylene purchasing market. The company is said to be assisting the relevant authorities and cannot comment further on the details of an ongoing investigation.
This news follows the Commissions’ announcement that it would be carrying out raids at ethylene purchasing companies across the EU in light of fears that a ‘cartel’ has been formed.
"The fact that the Commission carries out such inspections does not mean that the companies are guilty of anti-competitive behaviour," the Commission said, without naming the companies it had raided.
Read the article online at: https://www.hydrocarbonengineering.com/petrochemicals/27072017/ethylene-market-investigation/
You might also like
The Hydrocarbon Engineering Podcast - Education and training for every phase of the insulating system design process
In this episode of the Hydrocarbon Engineering Podcast, Brandon Stambaugh, Owens Corning Director for Technical Services, joins us to discuss engineers’ demand for education and training to support the critical phases that affect the performance and longevity of insulating systems.
Tune in to the Hydrocarbon Engineering Podcast on your favourite podcast app today.