Continental Focus, International Reach

Court Overturns Sasol Fine

Wednesday, June 24, 2015

Sasol saw the South African Competition Appeal Court overturned a decision to fine it for polypropylene and propylene overpricing, the company said in a statement.

The court overturned a 534 million rand ($43 million) fine issued by the competition commission for “excessive” polymer prices between 2004 and 2007, a company statement said.

The chemicals are used to make rigid plastics products from chairs to bottle tops.


« GO BACK