Saint-Gobain Performance Plastics Europe v. Venezuela

In an ICSID arbitration, Saint-Gobain Performance Plastics Europe claimed that the Bolivarian Republic of Venezuela had nationalized a ceramic proppants plant operated by Saint-Gobain’s wholly-owned subsidiary, Norpro Venezuela, C.A. Econ One was retained by counsel for Venezuela to provide expert analysis on quantum. Dr. Daniel Flores co‑authored two expert reports regarding the value of claimant’s interest in Norpro Venezuela and testified at the hearing in Washington D.C.