Chemical Companies Fail to Get Polyurethane Price-Fixing MDL Dismissed

Chemical Companies Can't Dismiss Polyurethane Price-Fixing MDL

As reported by Law360 (subscription), a Pennsylvania federal judge has ordered that a group of chemical manufacturers face class action litigation accusing them of conspiring to manipulate the prices of two chemicals used to make polyurethane. The complaint alleges that BASF, Covestro LLC and Dow Chemical Co. used plant closures and limited supplies to illegally drive up the prices of methylene diphenyl diisocyanate, or MDI, and toluene diisocyanate, necessary components of widely-used polyurethane. Defendants’ attempt to have the lawsuit dismissed were denied. [Read more…]