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Company: Nan Ya Plastics Corporation
Current Parent Company:
Nan Ya Plastics
Parent at the Time of the Penalty Announcement:
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Penalty: $5,000,000
Year: 2005
Date: December 15, 2005
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Nan Ya agreed to pay $5 million to settle its role in litigation concerning price fixing of polyester staple fiber.
Level of Government: federal
Action Type: private litigation
Court: Western District of North Carolina
Civil or Criminal Case: civil
Case ID: 3:03cv1516
Case Name: In re: Polyester Staple Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Taiwan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: plastics
Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.