4.19.2013

Exploded Fertilizer Plant Plant Was Suing Monsanto

As details emerge about the Texas fertilizer plant that was the site of Wednesday’s fatal explosion and fire, a few tidbits can be gleaned from a 2007 lawsuit that the plant’s owners filed against agribusiness giant Monsanto Co.

The suit, filed as a potential class action in U.S. District Court for the western district of Texas, claimed that Monsanto had artificially inflated prices for its herbicide Roundup through anti-competitive actions. The suit did not relate to storing fertilizer, believed to be at the root of Wednesday’s blast.

The suit was filed by Texas Grain Storage Inc. The company now calls itself West Fertilizer Co.

Read more at: WSJ BLOGS




1 comment:

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