Clariant Takes Stand Against OMV’s Ethylene Purchase Lawsuit: A Battle for Industry Integrity
Clariant, a global specialty chemicals company based in Switzerland, is preparing to contest a lawsuit concerning its ethylene purchasing practices, filed by Austrian oil and gas company OMV. The legal action asserts that Clariant engaged in unfair practices in the procurement of ethylene, a key chemical feedstock that underpins various industrial processes. OMV’s lawsuit highlights its claims of damages resulting from Clariant’s alleged malpractices, which the company argues hinder fair market competition. Clariant, committed to defending its operations vigorously, contends that the lawsuit lacks substantive merit and is prepared to provide a robust legal response … Read more