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DuPont and BASF Announce Settlement

January 14/2010
January 14 (yourpetrochemicalnews.com) -- DuPont and BASF Plant Science announced they have reached an agreement on a patent infringement dispute.

In June 2009, DuPont and BASF filed suit against each other in U.S. Federal Court in the District of Delaware that sought to enforce intellectual property rights relating to biotechnology traits, including traits that provide tolerance to ALS herbicides.

DuPont and BASF have reached an agreement to cross-license patents and dismiss their claims and counterclaims against each other in both of the cases pending in Delaware. Terms of the agreement were not disclosed.

BASF Corporation, headquartered in Florham Park, N.J., is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 15,000 employees in North America, and had sales of approximately $17.5 billion in 2008. For more information about BASF"s North American operations, or to sign up to receive news releases by e-mail, visit

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       MRC Reference

BASF. The share in the Russian market in 2008:
 PS - 9.1% (GPPS - 5.9%, ABS - 11.4%, EPS - 10.6%).

 

Annual sales growth in Russia over the 5 years:
 PS - 15%.

 

Imports by polymers processing technologies:
 foaming;
 injection molding.

 



















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