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News Breaks | | | | August 31, 2012 | | 10:22 EDT |  | DD | DuPont statement on injunction against Kolon Industries
DuPont issued the following statement after a ruling yesterday by the U.S. Federal Court in Richmond, Va., ordering Kolon Industries to stop producing and selling their Heracron aramid fiber: "The injunction, coming on the heels of DuPont's $920M damages award from last September, reaffirms what was already clear: that Kolon Industries willfully and maliciously misappropriated DuPont's proprietary Kevlar technology," said Thomas L. Sager, DuPont SVP and general counsel. "The trial court ordered Kolon to not produce, market or sell any para-aramid fiber products, worldwide, for 20 years; it also permanently enjoined Kolon from using any of the trade secrets it stole from DuPont. Additionally, Kolon has until Oct. 1 to remove and return DuPont's trade secrets or face contempt proceedings. In so ruling, the court found Kolon's conduct to be 'brazen,' adding that 'Kolon's conduct shows a complete disregard for DuPont's trade secret rights and a disregard for the law that protects such secrets.'" | |
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News For DD From The Last 14 Days Check below for free stories on DD the last two weeks. |
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| May 14, 2013 | | 07:23 EDT |  | DD | Oppenheimer to host a summit
 Subscribe for More Information | | | 06:12 EDT | | DD | Syngenta and DuPont announce technology license agreement
Syngenta (SYT) and DuPont (DD) announced technology licensing agreements that will broaden each company's crop protection product portfolio and enable both to bring new products to market more efficiently. Syngenta has obtained a global license from DuPont to develop products containing DuPont's fungicide oxathiapiprolin. Under the agreements, Syngenta receives exclusive rights for foliar and soil uses on all crops in North America and for lawn and garden uses globally. Syngenta also secures rights on certain crops for seed treatment globally and for the development of foliar and soil uses on certain crops outside of North America. The agreement gives DuPont exclusive access to Syngenta's Solatenol for mixture with DuPont's picoxystrobin fungicide on soybean and other crops in Brazil. Solatenol is a new benz-pyrazole SDHI fungicide which brings a new mode of action with no cross-resistance to existing fungicides. It offers outstanding and long-lasting control of Asian rust in soybean. | | | May 10, 2013 | | 10:15 EDT | | DD | Gevo confirms temporary dismissal of lawsuit against Butamax, DuPont
Subscribe for More Information | | | May 8, 2013 | | 18:02 EDT | | DD | DuPont, OCP announce joint venture
Subscribe for More Information | | | May 7, 2013 | | 07:25 EDT | | DD | Barclays to host a conference
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