MOSCOW (MRC) -- Dow announced that the Jiangsu High People's Court in China ruled that Shanjun Clean Energy Technology Co. (the defendant) infringed the trade secrets of LP Oxo technology, jointly owned by affiliates of Dow and Johnson Matthey, according to Apic-online.
The court ruled that defendant illicitly obtained and infringed trade secrets owned by Dow Global Technologies, a subsidiary of Dow Chemical, and Johnson Matthey, through its Johnson Matthey Davy Technologies Ltd. subsidiary.
"Dow thanks the Jiangsu High People's Court for its final decision on this case," said Yoke Loon Lim, president of Dow Greater China. "The ruling demonstrates fair enforcement of trade secret rights and commitments of the US and China's Phase One Agreement and China's commitment to improve intellectual property rights.
"This enforcement is critical to protect the legitimate operations and economic resiliency of domestic manufacturers in China, the US and around the globe. Dow will continue to vigorously exercise our full legal rights to protect our intellectual property in all countries."
LP Oxo technology is a catalyzed low pressure process for the production of oxo alcohols.
As MRC reported earrlier, in September, 2020, Dow and Luhai, an integrated waste management company located in Xiamen, China, announced their collaboration to give plastics waste collected by Luhai a second life, thereby increasing the circularity of plastics in China. The agreement is in line with Dow’s new sustainability targets to Stop the Waste by enabling one million metric tons of plastic to be collected, reused or recycled through its direct actions and partnerships by 2030.
According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 1,496,500 tonnes in the first eight months of 2020, up by 5% year on year. Shipments of all ethylene polymers increased, except for linear low desnity polyethylene (LLDPE). At the same time, PP shipments to the Russian market reached 767,2900 tonnes in the eight months of 2020 (calculated using the formula - production minus exports plus imports - and not counting producers' inventories as of 1 January, 2020). Supply increased exclusively of PP random copolymer.
The Dow Chemical Company is an American multinational chemical corporation. Dow is a large producer of plastics, including polystyrene, polyurethane, polyethylene, polypropylene, and synthetic rubber.
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