Competition Law Infringement
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Clariant rejects allegations from MOL Group and Braskem against four companies related to the 2020 competition law infringement
Globenewswire· 2025-12-22 06:00
Core Viewpoint - Clariant has received damage claims totaling approximately EUR 548 million and EUR 402 million from MOL Petrolkémia Zrt. and Slovnaft a.s. (MOL Group) and Braskem S.A. regarding alleged competition law infringements 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 staff of 10,465 and recorded sales of CHF 4.152 billion in the fiscal year ending December 31, 2024 [5]. - The company operates through three business units: Care Chemicals, Catalysts, and Adsorbents & Additives, emphasizing customer focus, innovation, and sustainability [5].
Clariant rejects allegations from BP Europe and ExxonMobil against four companies related to the 2020 competition law infringement
Globenewswire· 2025-10-03 05:00
Core Viewpoint - Clariant has received damage claims totaling approximately EUR 1.1 billion and EUR 860 million from BP Europe SE and ExxonMobil Petroleum & Chemical B.V. respectively, related to alleged competition law infringements 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 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 claims against Clariant are linked to a European Commission sanction from July 2020 regarding competition law violations in the ethylene purchasing market [1]. - Clariant asserts that it has economic evidence demonstrating that the alleged conduct did not impact the market [1].
Clariant rejects LyondellBasell’s allegations against four companies related to the 2020 competition law infringement
Globenewswire· 2025-07-18 05:00
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].
Clariant rejects OMV’s allegations against four companies related to the 2020 competition law infringement
Globenewswire· 2025-05-27 05:00
Core Viewpoint - Clariant has received a damage claim of approximately EUR 1 billion from OMV 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 staff of 10,465 and recorded sales of CHF 4.152 billion in 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 OMV is linked to a sanction imposed by the European Commission in July 2020 regarding competition law violations [1]. - Clariant asserts that it has economic evidence demonstrating that the actions of the involved parties did not impact the market [1].