Industry News

Degussa on Carbon Black Antitrust Investigations

Published on 2002-12-03. Author : SpecialChem

Degussa AG, Dusseldorf, Germany, affirmed that the European and U.S. antitrust authorities have initiated a joint investigation into alleged price-fixing in the carbon black industry.

At Degussa's offices in Frankfurt, Germany, where Degussa's carbon black business is located, European antitrust authorities viewed documents during the course of this investigation, while U.S. authorities contacted Degussa's U.S. headquarters in Parsippany, New Jersey.

Entirely in line with its corporate compliance rules, Degussa is fully cooperating with the investigation.

Degussa is confident that the investigation will prove soon that a price fixing within the carbon black industry did not happen.

Source: Degussa

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