Kemira Oyj: No fine in European Commission investigation into divested animal feed phosphate business
July 20, 2010 at 2.15 pm (CET+1)
Kemira has received today the European Commission's decision regarding
anticompetitive activities of animal feed phosphates producers in Europe. The
European Commission decided that Kemira should not pay any fine, since it was
the first company to report these activities to the Commission. Kemira has
cooperated with the European Commission during the investigations which began at
the end of 2003.
Kemira divested the animal feed phosphates business in 2004. Kemira informed the
public about the Commission's investigations in 2004, in the prospectus of
Kemira GrowHow. The decision will not have any financial impact on Kemira.
For more information, please contact
Klaus Korhonen, Director, Legal
Mobile phone: +35850 3255528
Kemira is a global two billion euro chemicals company that is focused on serving
customers in water-intensive industries. The company offers water quality and
quantity management that improves customers' energy, water, and raw material
efficiency. Kemira's vision is to be a leading water chemistry company.
Link to the release (.pdf): http://hugin.info/3008/R/1432766/378792.pdf
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Source: Kemira Oyj via Thomson Reuters ONE