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Ineos, Inovyn settle with Lenzing over UK claim

( July 4, 2025, 14:02 GMT | Official Statement) -- MLex Summary: Chemical companies Ineos and Inovyn have reached a settlement with Lenzing over the Austrian textile provider's UK competition damages claim in the UK High Court, according to the Competition Appeal Tribunal. The claim continues against Westlake. Ineos and Westlake were named in separate cartel cases uncovered by European regulators over the styrene and ethylene industries, respectively.Court order attached....

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