European Commission fines ethanol producer Lantmännen $52.4 million over ethanol benchmarks cartel
In Belgium, the European Commission has fined Lantmännen ek för and its subsidiary Lantmännen Biorefineries AB around $52.4 million for participating in a cartel concerning the wholesale price formation mechanism for ethanol in Europe. The body explained that this decision follows the adoption of a settlement decision against Abengoa in 2021 and the closure […]