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MDI cartel probe in South Korea continues, with KFTC raids on local offices of chemical makers

By Choi Hyung-jo ( January 8, 2019, 01:56 GMT | Insight) -- The investigation by South Korea’s antitrust watchdog into alleged price fixing by chemical companies that supply a vital component used in manufacturing polyurethane is continuing, with the regulator conducting on-site inspections. The Korea Fair Trade Commission raided the local offices of some of the chemical companies that are suspected of colluding to fix the prices of methylene diphenyl diisocyanate, or MDI, MLex has learned.The investigation by South Korea’s antitrust watchdog into alleged price fixing by chemical companies that supply a vital component used in manufacturing polyurethane is continuing, with the regulator conducting on-site inspections, MLex understands. ...

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