AndhraNews.net
Home » Business News » 2011 » June » June 9, 2011

Kemira Oyj: Damage claim for Kemira Chemicals Oy for violations of competition law


June 9, 2011 - London

Kemira Oyj
Stock exchange release
June 9, 2011 at 4.30 pm (CET+1)

Kemira Oyj's subsidiary Kemira Chemicals Oy (former Finnish Chemicals Oy) has today received documents where it is stated that CDC Project 13 Sa (CDC) has filed an action against four companies, including Kemira, for violations of competition law applicable to the sodium chlorate business. Kemira will get acquainted with the documents.

The European Commision set on June 2008 a fine of EUR 10.15 million on Finnish Chemicals Oy for antitrust activity in the company's sodium chlorate business during 1994-2000. Kemira Oyj acquired Finnish Chemicals in 2005.

 

 

 

For more information, please contact

 

Kemira Oyj
Jukka Hakkila, Group General Counsel
Tel. +358 10 862 1690

Tero Huovinen, Director, Investor Relations
Tel. +358 10 862 1980

 

 

 

Kemira is a global two billion euro chemicals company that is focused on serving customers in water-intensive industries. The company offers water quality and quantity management that improves customers' energy, water, and raw material efficiency. Kemira's vision is to be a leading water chemistry company.

 

www.kemira.com
www.waterfootprintkemira.com

 

Link to the release (.pdf)



This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Kemira Oyj via Thomson Reuters ONE

HUG#1522510

GlobeNewswire

Comment on this story

Share