A sacks of lithium carbonate is seen at Albemarle Lithium production facility in Silver Peak, Nevada, U.S. October 6, 2022.
REUTERS/Carlos Barria/File Photo Acquire Licensing RightsCompanies Albemarle Corp FollowWASHINGTON, Sept 29 (Reuters) - Albemarle Corp will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple foreign countries, the Department of Justice said on Friday.
As part of resolution, the chemical company admitted to using third-parties "to pay bribes to government officials to obtain and retain chemical catalyst business with state-owned oil refineries in Vietnam, Indonesia, and India," the department said.
Reporting by Susan HeaveyOur Standards: The Thomson Reuters Trust Principles.
Persons:
Carlos Barria, Susan Heavey
Organizations:
REUTERS, Companies, Corp, WASHINGTON, Albemarle Corp, Department of Justice, Thomson
Locations:
Albemarle, Silver, , Nevada, U.S, Vietnam, Indonesia, India