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AkzoNobel receives immunity following calcium carbide investigation

24-07-2009: AkzoNobel confirmed it has received full immunity from a €17.4 million fine which would otherwise have been imposed by the European Commission following an investigation into price fixing involving the company's Calcium Carbide business between November 2004 and November 2006.

The infringement was reported to the European Commission by AkzoNobel at the end of 2006 and an application for immunity was made.

AkzoNobel regrets the inappropriate actions taken by certain individuals and stresses that the breach was reported internally through the company's intensified competition law compliance program. Immediate steps were then taken to report the infringement to the appropriate authorities and AkzoNobel has cooperated fully throughout the investigation.

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  • Companies

    Akzo Nobel Industrial Chemicals AB

    Akzo Nobel Base Chemicals in Skoghall is located on Hammarö, where the great lake of Vänern meets the province of Värmland. We are the world’s oldest electro-chemical plant and we manufacture advanced base chemicals used in a wide range of production processes. Our chemicals play an essenti ... more

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    Akzo Nobel is one of the world’s leading industrial companies. We are the biggest global coatings manufacturer and the number one in decorative paints and performance coatings, as well as being a major worldwide supplier of specialty chemicals. We employ around 68,000 people in more than 8 ... more

    Akzo Nobel Industrial Chemicals B.V.

    Base Chemicals produces Energy, Salt, Chlor-Alkali products and Derivatives (such as MCA, ferric chloride and Water Treatment Chemicals). Our products play a vital role in a variety of industries and can be found in many day-to-day articles. They are used in the chemical, detergent, pulp an ... more

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