TITLE

Price-fixers hit by fines

AUTHOR(S)
Kovac, Matt
PUB. DATE
February 2007
SOURCE
ICIS Chemical Business;2/26/2007, Vol. 2 Issue 55, p13
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the fines handed by the South Korean Fair Trade Commission to ten South Korean petrochemical producers for price-fixing in plastics and synthetic resins, according to local media reports. The companies were found to have been colluding on prices for products such as propylene and high density polyethylene between April 1994 and April 2005. According to reports, the Commission has referred SK Corp, LG Chem, Hyosung Corp and Daelim Industrial to prosecutors.
ACCESSION #
24348751

 

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