Syndial–a.k.a. Enichem–to plead guilty in chloroprene price-fixing case

WASHINGTON (May 2)–Syndial S.p.A., the former Enichem S.p.A., has agreed to plead guilty and pay a $9 million criminal fine for participating in an international conspiracy to fix prices in the polychloroprene rubber market, according to the Department of Justice.

Under a plea agreement, which must be approved by the U.S. District Court in San Francisco–where the case was tried–Syndial agreed to assist the government in its ongoing polychloroprene rubber investigation. Syndial sells polychloroprene rubber under its Butaclor brand name.

Syndial was charged with violating Section 1…

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