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Investment treaty awardUnpaid

Saint-Gobain Performance Plastics Europe v. Venezuela

Nationalization of a ceramic proppant plant

Headline amount
$42MPrincipal
Respondent
VenezuelaState
Awarded
Nov 3, 2017
Status
UnpaidNothing collected

The award

Amount awarded
About $42M plus interest
Award holder
Saint-Gobain Performance Plastics Europe
Respondent
Bolivarian Republic of Venezuela
Forum
ICSID ARB/12/13

Challenges

Annulment discontinued in 2019.

Enforcement

Citgo queue: 17th.

Recovered to date

None