Westlake (NYSE:WLK) has reached a settlement agreement in antitrust litigation alleging price-fixing in PVC pipe and fittings sold to direct purchasers. The settlement remains subject to court ...
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The use of plastic materials by the piping industry accounts for a significant volume of polymers. In this segment PVC represents the largest worldwide market for plastics. PVC is often used in ...
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According to MarketsandMarkets, 'Chlorinated Polyvinyl Chloride Market by Form (Pellet, Powder), Grade (Injection, Extrusion), Production Process ...
According to MarketsandMarkets, 'Chlorinated Polyvinyl Chloride Market by Form (Pellet, Powder), Grade (Injection, Extrusion), ...
Legal settlement and why it matters for Westlake stock Westlake (WLK) has agreed to pay US$67 million to settle claims from direct purchasers in PVC pipe antitrust class actions, with the agreement ...
An update from Westlake Corporation ( (WLK)) is now available. Westlake Corporation and other PVC pipe and fittings manufacturers have faced ten putative class action lawsuits in Illinois, filed ...
Westlake said it agreed to pay $67M to settle a class action lawsuit by builders and other direct purchasers alleging price-fixing of PVC pipe and fittings in the US beginning in 2020.
PVC pipe maker Westlake and a subsidiary have agreed to pay $67 million to settle price‑fixing claims brought by builders and other buyers, marking ​the largest settlement so far in nationwide U.S.
Westlake said it will pay $67 million in a settlement agreement, resolving allegations the company conspired with other industry players to inflate prices of polyvinyl chloride pipe and fittings.