Shin-Etsu Chemical Company / Clariant

OFT closed case: Anticipated acquisition by Shin-Etsu Chemical Company of Clariant's cellulose ethers business.

From:
Competition and Markets Authority
Published
14 January 2004
Case type:
Mergers
Case state:
Closed
Market sector:
Textiles
Outcome:
Mergers - phase 1 found not to qualify
Closed:
14 January 2004

Affected market: Cellulose ethers

No. ME/1544/03

On the basis of the information available to it, the Office of Fair Trading has decided that the proposed acquisition of Clariant's Cellulose Ether Business by Shin-Etsu Chemical Company does not qualify for investigation under the mergers provisions of the Enterprise Act 2002, because neither the UK turnover test nor the share of supply test in section 23 of the Act is met.  A relevant merger situation has, therefore, not been created.

Published 14 January 2004