Clariant vows to fight ethylene purchasing lawsuit filed by OMV
May 27 (Reuters) - Switzerland's Clariant (CLN.S), opens new tab said on Tuesday it has received a 1-billion-euro ($1-billion) damages claim by Austrian energy company OMV (OMVV.VI), opens new tab 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.
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