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FMC and Solvay settle hydrogen peroxide cartel damage claims, ending CDC litigation (*update)

By Nicholas Hirst ( February 26, 2021, 13:35 GMT | Insight) -- US chemicals maker FMC has confirmed that it settled a damages lawsuit stemming from the 1990s European cartel for bleaching chemicals used in the paper industry, according to a regulatory filing overnight. The claimant, Cartel Damage Claims, said it has also settled its suit against Belgian chemicals giant Solvay, bringing to a close its long-running litigation targeting hydrogen peroxide makers.US chemicals maker FMC has confirmed that it settled a damages lawsuit stemming from the 1990s European cartel for bleaching chemicals used in the paper industry, according to a regulatory filing overnight....

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