UPDATE 1-France's Arkema sees EU anti-trust fine Wednesday
* EU fine could be in excess of 100 mln euros Arkema says.
* Arkema says former parent Total to pay 90 pct of fine
* Akzo Nobel says has not been formally notified of decision
(Adds Akzo comment, details)
By Foo Yun Chee
BRUSSELS, Nov 10 (Reuters) - French specialty chemicals maker Arkema (AKE.PA) could be fined in excess of 100 million euros on charges of taking part in a cartel when EU anti-trust regulators rule on Wednesday, a company spokeswoman said.
The EU's executive Commission in March formally charged an unnamed number of companies with taking part in a cartel involving the supply of heat stabilisers, a substance added to PVC products to make them more resistant and rigid.
The charges followed raids on 14 companies in the Netherlands, France, Germany, Italy, Belgium and Britain in February 2003.
"Concerning the decision of the European Commission expected tomorrow on heat stabilizers ... if we do base on the past fines, it can be between the scope of a few million euros to more than 1 hundred million," Arkema spokeswoman Sybille Chaix said in an email referring to the expected fine. Continued...



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