Cartel Digest

Polyester Staple

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Polyester Staple

Polyester Staple
  Overall Cartel Period 1999-2002
  Participants Arteva Specialties S.a.r.l.
  Total Fines (DOJ) $28.5 million
  Total Fines (EC) No fines imposed

In 2002, the U.S. Department of Justice (“DOJ”) launched an investigation into manufacturers of polyester staple.  The product is a petroleum-based fiber found in various goods including clothing, table linens and upholsteries.  According to the DOJ, from September 1999 to January 2002, cartel members agreed to fix prices and allocate customers in the North American polyester staple market. 


Enforcement Highlights:

  • Arteva Specialties (d/b/a KoSa) agreed to pay over $28 million in corporate fines to the DOJ.
  • A former director of Arteva, Troy F. Stanley, agreed to pay a $20,000 individual fine and serve eight months in prison.
  • Arteva was also fined $1.5 million CAD by the Federal Court of Canada. 
Company Conspiracy Period Fine (USD) Plea Date No. of Excluded Individuals Plea Agreement
Arteva Specialties S.a.r.l. (d/b/a KoSa) 9/99-1/02 $28.5 million 10/21/2002 N/A Plea Agreement
Individual Company Prison Sentence Fine (USD) Plea Date Plea Agreement
Troy Stanley, Director of Textile Staples Arteva Specialties S.a.r.l. (d/b/a KoSa) 8 months $20,000 10/31/2002  
Company Fine Date
Arteva Specialties S.a.r.l. $ 1.5 million 08/07/2003