RNS Number:3376U
Office of Fair Trading
16 January 2004


The OFT has published the text of its decision on the anticipated acquisition by
Shin-Etsu Chemical Company of Clariant's Cellulose Ethers Business which was
found not to qualify on 14 January 2004. This decision can be found on the
Office of Fair Trading's website at www.oft.gov.uk with links from the Office's
Weekly Gazette and Competition Bulletin.


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            The company news service from the London Stock Exchange
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