Wellman Will Not Be Indicted for Price Fixing

Wellman, Inc. announced that the Department of Justice’s Antitrust Division advised Wellman that it will not be seeking an indictment of Wellman or any of its employees in connection with its investigation of price fixing in the polyester staple fiber industry.

 

Wellman, Inc. is one of the world's largest PET plastic recyclers, Wellman utilizes a significant amount of recycled raw materials in its manufacturing operations.