USA: Arteva Specialties Settles $28m Polyester Cartel Case
Polyester manufacturer Arteva Specialties on Thursday agreed to pay a $28.5 million fine after it admitted conspiring to fix prices and allocate customers. The US Justice Department said in a news release that Arteva, a division of Luxembourg-based KoSa and which has offices in North Carolina, had pleaded guilty to the cartel charges.
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