Solvay Announces That It is Proceeding with the Enforcement of the Patent Case It Won against Neo Performance Materials Inc. ...
11 Janvier 2018 - 11:04PM
Business Wire
The following is a statement from Solvay
In response to a media statement distributed on December 21,
2017 by Neo Performance Materials Inc. (“Neo”, the “Company”)
(TSX:NEO), Solvay reiterates that, as stated in its own
PRESS RELEASE OF DECEMBER 20, 2017, the judgement issued on
December 19, 2017 by the Regional Court of Mannheim (Germany),
prohibits Neo Chemicals & Oxides (Europe) Ltd. (“Neo”) from
offering, putting on the market, using, or importing in Germany
certain cerium oxide materials infringing Solvay's European Patent
1 435 338 B1 and that Neo is liable for damages in respect of their
historical sales of such infringing ceric oxide products.
Solvay further remind that the Mannheim Court stated that
Neo is unlikely to prevail on its petition for patent
invalidation and for this reason refused Neo's request to
delay its judgement pending a decision by the Patent Court.
Therefore, Solvay is proceeding with the enforcement of this
judgement and is confident that the Manheim court decision will be
upheld on appeal.
This last judgment follows a series of previous judgments issued
on cerium-zirconium mixed oxide compositions which already found
that Neo’s sales of certain mixed-oxide products infringed three
other Solvay patents.
Solvay remains committed to vigorously enforce its intellectual
property rights against unauthorized use of Rare earth oxides
in automotive catalysts.
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Solvay is a multi-specialty chemical company, committed to
developing chemistry that addresses key societal challenges. Solvay
innovates and partners with customers in diverse global end
markets. Its products and solutions are used in planes, cars, smart
and medical devices, batteries, in mineral and oil extraction,
among many other applications promoting sustainability. Its
lightweighting materials enhance cleaner mobility, its formulations
optimize the use of resources and its performance chemicals improve
air and water quality. Solvay is headquartered in Brussels with
around 27,000 employees in 58 countries. Net sales were € 10.9
billion in 2016, with 90% from activities where Solvay ranks among
the world's top 3 leaders. Solvay SA (SOLB.BE) is listed on
Euronext Brussels and Paris (Bloomberg: SOLB.BB - Reuters:
SOLB.BR) and in the United States its shares (SOLVY) are
traded through a level-1 ADR program.
Solvay Special Chem is world leader in selected specialties
based on Fluorine, Rare Earths, Strontium and Barium. The GBU
leverages its distinctive knowledge to provide specialized products
and solutions to selected industries, such as: rare earth-based
formulations for use in automotive catalysts, luminophores and
polishing; NOCOLOK® fluxes for automotive heat exchangers; Solkane®
365 as foam blowing agent in thermal insulation foams; fluorinated
intermediates for agrochemicals and pharmaceuticals; process
chemicals for semiconductors; barium salts for electronic passive
components, etc.
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SolvayChristoph Meurer, +49 511 857 -2672Business
Manager AutomotiveorClaire Seguin, +33 5 4668
3446Communications
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