Drop in the Shares of Germany’s Brenntag after being reported to selling chemical substances to Syria which are used in Chemical weapons as well

Germany's Brenntag after being reported to selling chemical substances to Syria which are used in Chemical weapons as well

On Wednesday, there was a drop of 4.4 percent in the shares of Brenntag, which is German chemicals distributor, with traders who cited a media report that the firm was involved in the selling of substances to Syria which could be used in for Chemical weapons amongst the various uses.

The largest chemical distributor of the world ‘Brenntag’ was reported to have sold chemical raw materials to a pharma firm in Syria on Tuesday.

According to the report, the chemical which was sold had the materials isopropanol and diethylamine which can also be utilized for the making of a banned nerve agent ‘sarin’.

Brenntag did not respond to the comment immediately.

In the daily report of Sueddeutsche Zeitung, it was quoted that the company said that the shipments to Syrian pharmaceutical firm were made in compliance with the law.

It was confirmed by the prosecutors in the Essen, which is a western city in Germany, that it has received complaints which concerned the Brenntag from 3 private organizations, namely Switzerland’s Trial International, New York’s Open Society Justice Initiative, as well as, Berlin’s Syrian Archive.

It was said by a spokeswoman for the prosecutor’s office that they are still considering and have not yet decided whether an investigation should be launched or not.

In March, the United Nation Commission of Inquiry on Syria stated that the forces of government had carried out an examination of 32 out of 37 chemical attacks which had been reported during the war period in the country, inclusive of the use of sarin and chlorine.

On the other hand, the government of Syria has simply denied any usage of chemical weapons.