NEW YORK — As part of an ongoing investigation into price-fixing in the polyester staple industry by the U.S. Department of Justice, a federal grand jury in Charlotte, N.C., Friday indicted a former official of Nan Ya Plastics Corp. for...
NEW YORK — As part of an ongoing investigation into price-fixing in the polyester staple industry by the U.S. Department of Justice, a federal grand jury in Charlotte, N.C., Friday indicted a former official of Nan Ya Plastics Corp. for conspiring to fix prices and allocate customers.
Representatives of Nan Ya, as well as three other companies that have been major players in the U.S. polyester staple industry — DuPont, Wellman Inc. and KoSa — said Monday they are cooperating with the investigation into their industry.
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