Amsterdam court dismisses two ethylene antitrust lawsuits against Westlake; €1.025B claim rejected

WESTLAKE CORP

District Court of Amsterdam dismissed Shell Chemical Europe B.V. lawsuit alleging ~€1,025 million damages.
Court also dismissed Stichting Ethylene Claims declaratory judgment action seeking unspecified damages.
Both dismissals are subject to appeal by the plaintiffs; twelve related lawsuits remain pending at first instance.
Westlake and other ethylene consumers are defendants in a total of fourteen civil lawsuits in Netherlands and Germany.

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