PVC cartel fined
PVC cartel fined
Published: 03:46 am Nov 12, 2009
BRUSSELS: The European competition watchdog on Wednesday slapped fines totalling 173 million euros on a plastics cartel of companies making products used in everything from credit cards to PVC fake leather. The fines, worth $260 million, target 10 corporate groups operating in the plastic additives sphere which also ends up making the likes of soft drinks bottles, food packaging and budget flooring products.