By: ICN Bureau
Last updated : February 28, 2025 8:47 am
The claim alleges damages related to ethylene sales amounting to around EUR 625 million in relation to infringements of competition law
Clariant, a sustainability-focused specialty chemical company, today announced that on Tuesday, 25 February 2025, the company received a claim for damages against four companies, including Clariant, from TotalEnergies with the court of Amsterdam, The Netherlands.
The claim alleges damages related to ethylene sales amounting to around EUR 625 million in relation to infringements of competition law on the ethylene purchasing market which was sanctioned by the European Commission in July 2020.
Clariant firmly rejects the allegation and will adamantly defend its position in the proceedings. Clariant has substantiated economic evidence that the conduct of the parties did not produce any effect on the market.