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Recticel SA Announces Final Outcome of Investigation Into Sector of Polyurethane Foam Manufacturers, Including Recticel Iberica SL


Wednesday, 6 Mar 2013 07:00pm EST 

Recticel SA announced that the Spanish National Competition Commission has imposed fines on 10 companies in the Spanish market, including Recticel Iberica SL, and the national sector association for forming a cartel on the market for the manufacture of flexible polyurethane foam for the comfort industry. Recticel Iberica SL has been exempted from payment under the CNC's leniency program. The national investigation is totally separate from the on-going inspection by the Directorate General for Competition of the European Commission. 

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