Posted in | News | Non-Ferrous Alloys and Metals | Mining

European Commission Closes Investigation of Carbon Black Industry

Jun 2 2005

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The European Commission has informed Phelps Dodge Corp. and its Columbian Chemicals Co. subsidiary that the commission has closed its 2 1/2-year investigation of the carbon black industry, the companies announced today. The commission initiated its investigation in November 2002 after receiving a complaint alleging that certain carbon black manufacturers participated in a price-fixing conspiracy.

Phelps Dodge Corp. is one of the world's leading producers of copper and molybdenum, the largest producer of molybdenum-based chemicals and continuous-cast copper rod, and among the leading producers of magnet wire and carbon black. The company and its two divisions, Phelps Dodge Mining Co. and Phelps Dodge Industries, employ more than 14,000 people worldwide.

http://www.phelpsdodge.com/

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