Skip to main content
Sister Publication Links
  • Rubber News
  • European Rubber Journal
Subscribe
  • Login
  • Register
  • Subscribe
  • Current Issue
  • Mid-Year Report
  • ADAS
  • News
    • OPINION
    • BUSINESS/FINANCIAL
    • COMMERCIAL TIRE
    • GOVERNMENT & LAW
    • Humanitarian Award
    • RETAIL TIRES
    • SERVICE ZONE
    • TIRE MAKERS
    • Best Places to Work
    • RUSSIA WAR IN UKRAINE
  • Data
    • DATA STORE
  • Custom
    • SPONSORED CONTENT
  • Resources
    • Events
    • DIRECTORY
    • CLASSIFIEDS
    • SHOP FLOOR
    • AWARDS
    • ASK THE EXPERT
    • LIVESTREAMS
    • WEBINARS
    • SEMA LIVESTREAMS
    • RUBBER NEWS EVENTS
    • BALANCING
    • DEMOUNTING
    • SAFETY
    • TIRE REPAIR
    • TPMS
    • TRAINING
    • VEHICLE LIFTING
    • WHEEL TORQUE
    • Best Places to Work
  • ADVERTISE
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
May 10, 2004 02:00 AM

Goodyear files suit against 12 chemical companies, charging price fixing

Tire Business Staff
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print

    AKRON (May 10, 2004) — Goodyear has filed an antitrust lawsuit against several chemical companies, charging them with price fixing and anti-competitive conduct.

    Goodyear filed the lawsuit in the U.S. District Court for the Northern District of Ohio. The Akron-based tire maker said its allegations focus primarily on EPDM (ethylene propylene diene monomer), a synthetic rubber used in rubber-containing products to improve their strength. Goodyear uses the material in its tires, hoses and belts.

    With the lawsuit, Goodyear is suing:

    * Bayer A.G. of Germany

    * Bayer Polymers L.L.C. of Pittsburgh

    * Bayer Corp. of Pittsburgh

    * Crompton Corp. of Middlebury, Conn.

    * Uniroyal Chemical Co. Inc. of Middlebury

    * Dow Chemical Co. of Midland, Mich.

    * E.I. duPont de Nemours & Co. of Wilmington, Del.

    * DuPont Dow Elastomers L.L.C. of Wilmington

    * DSM Elastomers B.V. of The Netherlands

    * DSM CoPolymer Inc. of Baton Rouge, La.

    * Polimeri Europa S.p.A. of Milan

    * Polimeri Europa Americas Inc. of Houston

    The tire maker has not yet specified a damage amount, which it expects to be determined during the course of the court proceedings.

    “Goodyear, in the best interests of our shareholders, is seeking to recover the overcharges paid as a result of the anti-competitive conduct of these companies,” said C. Thomas Harvie, Goodyear's senior vice president, general counsel and secretary. “Goodyear is a significant global purchaser of EPDM, and Goodyear spends substantial amounts on these products.”

    Letter
    to the
    Editor

    Do you have an opinion about this story? Do you have some thoughts you'd like to share with our readers? Tire Business would love to hear from you. Email your letter to Editor Don Detore at [email protected].

    Most Popular
    1
    Trelleborg Wheel Systems: sales, earnings up double-digits
    2
    ATD bolsters supply chain with addition to leadership team
    3
    Bridgestone extends 'connected vehicle' partnership with Microsoft
    4
    Nokian using historic locomotive to deliver materials in Tennessee
    5
    EVs not far from achieving cost parity
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Newsletter Center

    Staying current is easy with Tire Business delivered straight to your inbox.

    SUBSCRIBE TODAY

    Subscribe to Tire Business

    SUBSCRIBE
    Connect with Us
    • Facebook
    • LinkedIn
    • Twitter
    • RSS

    Our Mission

    Tire Business is an award-winning publication dedicated to providing the latest news, data and insights into the tire and automotive service industries.

    Reader Services
    • Staff
    • About Us
    • Site Map
    • Industry Sites
    • Order Reprints
    • Customer Service: 877-320-1716
    Partner Sites
    • Rubber News
    • European Rubber Journal
    • Automotive News
    • Plastics News
    • Urethanes Technology
    RESOURCES
    • Advertise
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Media Guide
    • Editorial Calendar
    • Classified Rates
    • Digital Edition
    • Careers
    • Ad Choices Ad Choices
    Copyright © 1996-2022. Crain Communications, Inc. All Rights Reserved.
    • Mid-Year Report
    • ADAS
    • News
      • OPINION
      • BUSINESS/FINANCIAL
      • COMMERCIAL TIRE
      • GOVERNMENT & LAW
      • Humanitarian Award
      • RETAIL TIRES
      • SERVICE ZONE
      • TIRE MAKERS
      • Best Places to Work
      • RUSSIA WAR IN UKRAINE
    • Data
      • DATA STORE
    • Custom
      • SPONSORED CONTENT
    • Resources
      • Events
        • ASK THE EXPERT
        • LIVESTREAMS
        • WEBINARS
        • SEMA LIVESTREAMS
        • RUBBER NEWS EVENTS
      • DIRECTORY
      • CLASSIFIEDS
      • SHOP FLOOR
        • BALANCING
        • DEMOUNTING
        • SAFETY
        • TIRE REPAIR
        • TPMS
        • TRAINING
        • VEHICLE LIFTING
        • WHEEL TORQUE
      • AWARDS
        • Best Places to Work
    • ADVERTISE
    • DIGITAL EDITION