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Policy

Probe of rubber cartel concludes

August 7, 2006 | APPEARED IN VOLUME 84, ISSUE 32

Synthetic rubber makers say the European Commission and the U.S. Department of Justice have ended their investigations of price-fixing among producers of ethylene-propylene-diene rubber (EPDM). DSM, DuPont, and Chemtura confirm that the probes, which began in 2002, ended without charges against them. Chemtura originally reported the alleged conspiracy in 2002 and says a number of civil suits by customers seeking to recover overcharges are still pending. Others, including Bayer and Polimeri Europa, were also said to have been part of the government investigations.

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