May 27 (Reuters) - Switzerland's Clariant said
on Tuesday it has received a 1-billion-euro ($1-billion) damages
claim by Austrian energy company OMV alleging
infringement of competition law on the ethylene purchasing
market.
"Clariant firmly rejects the allegation and will adamantly
defend its position in the proceedings," it said in a statement.
Clariant said it was one of four companies targeted by the
claim.
OMV did not respond to a request for comment sent outside of
regular business hours.
Earlier this year, the Swiss chemicals company received
similar claims from BASF and TotalEnergies,
which it also rejected.
In 2020, the European Commission fined Clariant,
Mexico's Orbia and U.S. group Celanese a total
of 260 million euros for colluding to keep the price of ethylene
purchases low.
Clariant said it has "substantiated economic evidence
that the conduct of the parties did not produce any effect on
the market".
($1 = 0.8791 euros)