Ineos Hit With Antitrust Suit Over Carbon Fiber

Law360, New York (December 1, 2008, 12:00 AM EST) -- Major carbon fiber buyer Hexcel Corp. has accused Ineos Polymers Inc. of engaging in a price-fixing conspiracy with Japanese textile makers, one of which settled antitrust charges with the U.S. Department of Justice in May.

Hexcel sued Ineos on Friday in the U.S. District Court for the Northern District of Georgia, alleging the company violated antitrust law.

The carbon fiber buyer claims that Ineos colluded with Toray

Industries Inc. and Toho Tenax Co. — two of the world's major carbon fiber makers — to set artificially...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.