Invista wins lawsuit regarding purified terephthalic acid trade secrets in china

Invista wins purified terephthalic acid lawsuit in China

11:06 AM, 16th July 2014
Invista wins lawsuit regarding purified terephthalic acid trade secrets in china

BEIJING, CHINA: An international technology and manufacturing company, Invista, recently resolved a lawsuit against a Chinese engineer for misappropriation and infringement of trade secrets relating to a portion of Invista’s purified terephthalic acid (PTA) technology.

Invista licenses its proprietary PTA technology to Chinese and other companies, who use it to produce polyester-related products. During one of Invista’s technology projects for a Chinese licensee, an employee of a Chinese engineering design company misappropriated some of Invista’s proprietary information.

“Invista is committed to protecting the interests of its customers and their investments in Invista’s technology licenses. We will continue to take appropriate legal action as necessary - whether in China or elsewhere - to ensure protection of our intellectual property and the value it brings to our customers,” said Mike Pickens, General Manager, Invista Performance Technologies.

 

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