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WICHITA, US: Invista, a wholly-owned subsidiary of Koch Industries Inc, has resolved a legal dispute with Frontech Inc and Ming Wan, Owner, Frontech. Invista claimed that Frontech and Wan had misused confidential information related to Invista’s proprietary 1,4 butanediol (BDO) technology.
As part of this resolution, Frontech has paid Invista to obtain a license for use of certain parts of Invista’s proprietary BDO technology in two recent projects in China - Shaanxi BDO Chemical Industry Co project and Yunnan Yunwei Chemical Refining Ltd project. Frontech utilized Hualu Engineering & Technology Co Ltd’s design services for both projects. Frontech’s license to use Invista’s proprietary BDO technology is exclusively limited to these two projects in China.
© WOC News
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