Clariant rejects LyondellBasell’s allegations against four companies related to the 2020 competition law infringement

Core Viewpoint - Clariant has received a damage claim of approximately EUR 1.6 billion from LyondellBasell related to alleged competition law infringement in the ethylene purchasing market, which the company firmly rejects and plans to defend vigorously [1]. Company Overview - Clariant is a sustainability-focused specialty chemical company based in Switzerland, with a total staff of 10,465 and recorded sales of CHF 4.152 billion for the fiscal year ending December 31, 2024 [6]. - The company operates through three business units: Care Chemicals, Catalysts, and Adsorbents & Additives [6]. Legal Context - The claim from LyondellBasell is linked to a competition law infringement case sanctioned by the European Commission in July 2020 [1]. - Clariant asserts that it has economic evidence demonstrating that the alleged conduct did not impact the market [1].