The european commission imposes a fine on certain monochloroacetic acid producers
Among those producers, Hoechst, an affiliate of sanofi-aventis, received a fine of 74,03 million euros. This risk, which has already been taken into account, will have no impact on the results of sanofi-aventis.
Hoechst sold its MCAA business to Clariant AG in 1997 and has no longer been active in this business since that time.
Hoechst will consider whether to bring appeal in the Court of First Instance in Luxemburg once it has received the full text of the decision.
Most read news
Other news from the department politics & laws
Get the chemical industry in your inbox
From now on, don't miss a thing: Our newsletter for the chemical industry, analytics, lab technology and process engineering brings you up to date every Tuesday and Thursday. The latest industry news, product highlights and innovations - compact and easy to understand in your inbox. Researched by us so you don't have to.