Clariant Rejects New Claim it Infringed EU Competition Law on Ethylene Purchasing Market

Dow Jones

07/20

Swiss chemical company Clariant rejected new claims that its purchases of ethylene broke European Union competition law.

Clariant said late last week that it was one of four companies that received a claim for damages in a lawsuit filed by U.S.-listed chemicals company Dow.

Dow's European business is seeking 1.1 billion euros ($1.26 billion) in damages in relation to infringement of EU competition law on the ethylene purchasing market, Clariant said.

Clariant is facing multiple lawsuits that allege its purchases infringed competition law. In October last year, energy companies BP and ExxonMobil filed lawsuits, while U.S-listed chemical company LyondellBasell was seeking a total of around 1.6 billion euros in damages, Clariant said last year.

Clariant said it rejected the new allegation and would defend its actions in legal proceedings.

Dow didn't immediately respond to a request for comment.

Write to Adam Whittaker at adam.whittaker@wsj.com

(END) Dow Jones Newswires

July 20, 2026 01:36 ET (05:36 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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In October last year, energy companies BP and ExxonMobil filed lawsuits, while U.S-listed chemical company LyondellBasell was seeking a total of around 1.6 billion euros in damages, Clariant said last year. \n</p>\n<p>\n  Clariant said it rejected the new allegation and would defend its actions in legal proceedings. \n</p>\n<p>\n  Dow didn't immediately respond to a request for comment. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adam Whittaker at adam.whittaker@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 20, 2026 01:36 ET (05:36 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CLZNY","symbol_name":"Clariant AG","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2652262496","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2652262496","pubTimestamp":1784525760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Swiss chemical company Clariant rejected new claims that its purchases of ethylene broke European Union competition law.Clariant said late last week that it was one of four companies that received a claim for damages in a lawsuit filed by U.S.-listed chemicals company Dow.Dow's European business is seeking 1.1 billion euros  in damages in relation to infringement of EU competition law on the ethylene purchasing market, Clariant said.Clariant is facing multiple lawsuits that allege its purchases infringed competition law. In October last year, energy companies BP and ExxonMobil filed lawsuits, while U.S-listed chemical company LyondellBasell was seeking a total of around 1.6 billion euros in damages, Clariant said last year.Clariant said it rejected the new allegation and would defend its actions in legal proceedings.Dow didn't immediately respond to a request for comment.Write to Adam Whittaker at adam.whittaker@wsj.com Dow Jones NewswiresJuly 20, 2026 01:36 ET Copyright  2026 Dow Jone","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CLZNY":"Clariant AG","DOW":"陶氏化学","BK4090":"商品化工","BK4109":"特种化学制品","IE000M9KFDE8.USD":"NEUBERGER BERMAN US LARGE CAP VALUE \"A\" (USD) ACC","BK4156":"煤与消费用燃料","BK4588":"碎股","BK4585":"ETF&股票定投概念"},"translate_title":"科莱恩驳回其在乙烯采购市场违反欧盟竞争法的新指控","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CLZNY":0.9,"DOW":0.9},"content_text":"Swiss chemical company Clariant rejected new claims that its purchases of ethylene broke European Union competition law. \n\n\n  Clariant said late last week that it was one of four companies that received a claim for damages in a lawsuit filed by U.S.-listed chemicals company Dow. \n\n\n  Dow's European business is seeking 1.1 billion euros ($1.26 billion) in damages in relation to infringement of EU competition law on the ethylene purchasing market, Clariant said. \n\n\n  Clariant is facing multiple lawsuits that allege its purchases infringed competition law. In October last year, energy companies BP and ExxonMobil filed lawsuits, while U.S-listed chemical company LyondellBasell was seeking a total of around 1.6 billion euros in damages, Clariant said last year. \n\n\n  Clariant said it rejected the new allegation and would defend its actions in legal proceedings. \n\n\n  Dow didn't immediately respond to a request for comment. \n\n\n \n\n\n  Write to Adam Whittaker at adam.whittaker@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 20, 2026 01:36 ET (05:36 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}