LG Chem wins patent suit against Dow Chemicals

9:09 PM, 19th February 2012

LG Chem wins patent suit against Dow Chemicals

SEOUL, KOREA: Korea’s leading chemical maker, LG Chem Ltd has won an elastic polymer patent lawsuit against Dow Chemicals. The ruling by the Seoul central district court recognizes LG Chem independent production knowhow in the manufacturing of elastomers that can help the company expand into foreign markets. Dow Chemicals claimed LG Chem violated its patent right in making the elastomer and took legal action in December 2009. LG Chem said it has developed a unique manufacturing process using metallocene as a catalyst and succeeded in creating the capacity to produce 60,000 tonne of elastomers per year in 2008. The company’s annual production capability has increased to 90,000 tonne with it moving to adjust output to reflect worldwide demand.

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