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CLN — Clariant AG News Story

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Clariant rejects about $1.3 billion Dow Europe claim alleging competition law infringement

Clariant rejects about $1.3 billion Dow Europe claim alleging competition law infringement

- Clariant CLN.S is one of four companies to receive a damages claim of around 1.1 billion euros ($1.26 billion) from Dow Europe for alleged competition law infringement on the ethylene purchasing market, it said on Friday.

"Clariant firmly rejects the allegation and will adamantly defend its position in the proceedings," the company said in its statement.


($1 = 0.8744 euros)


(Reporting by Kanjyik Ghosh in Barcelona; Editing by Vijay Kishore)

((kanjyik.ghosh@thomsonreuters.com))

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