Shares in Germany's Brenntag drop on report of dual-use chemicals sale to Syria [Reuters]
BRENNTAG SE UNSP/ADR (BNTGY)
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Source: Reuters
Shares in Germany's Brenntag drop on report of dual-use chemicals sale to Syria - Reuters 2 Min Read FRANKFURT (Reuters) - Shares in German chemicals distributor Brenntag dropped 4.4% on Wednesday with traders citing a media report that the company sold substances to Syria that could go into chemical weapons, among other uses. The daily Sueddeutsche Zeitung reported on Tuesday that Brenntag, the world’s largest chemicals distributor, sold chemical raw materials to a Syrian pharmaceutical company. While a potential use of the precursor materials, diethylamine and isopropanol, is in pharmaceuticals they can also be used to make banned nerve agent sarin, the paper said. Brenntag was not immediately available to comment. Sueddeutsche Zeitung quoted the group as saying shipments to Syria were made in compliance with the law. Prosecutors in the western German city of Essen confirmed it had received a complaint concerning Brenntag from three non-governmental organizations, namely New York’s
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