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Engineer in China Admits to Infringing INVISTA's PTA TechnologyBEIJING --(Business Wire)-- 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 took swift action to rectify the issue, filing a lawsuit through the Beijing Intermediate People's Court against the engineering design company's now-former employee. The engineering design company cooperated with INVISTA in the case. INVISTA obtained a successful resolution shortly after filing the lawsuit, with the defendant agreeing to a number of requirements, including:
INVISTA Performance Technologies (IPT) provides the resources and know-how to deliver world-scale technology for licensing to a growing portfolio of technologies in the value chains of polyester (PTA, polymer, fiber, R2R), polyurethane (BDO, PTMEG) and nylon (adipic acid, PA66 polymer, N2O abatement). For more information on license packages, please visit www.ipt.INVISTA.com. About INVISTA With leading brands including LYCRA®, COOLMAX®, CORDURA®, STAINMASTER® and ANTRON®, INVISTA is one of the world's largest integrated producers of chemical intermediates, polymers and fibers. The company's advantaged technologies for nylon, spandex and polyester are used to produce clothing, carpet, car parts and countless other everyday products. Headquartered in the United States, INVISTA operates in more than 20 countries and has about 10,000 employees. For more information, visit www.INVISTA.com.
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