Cristal, Kronos To Exit Paint Pigment Cartel Suit For $85M

By Jonathan Randles (September 10, 2013, 5:38 PM EDT) -- Cristal USA Inc. and Kronos Worldwide Inc. have agreed to pay $85 million to settle class action allegations that the companies participated in an industry cartel to fix prices for titanium dioxide, a chemical pigment used in paint and other products, according to court documents filed Tuesday in Maryland....

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