Chemical producer Celanese Corp. on Tuesday said it won $28 million in a patent infringement lawsuit against China Petrochemical Development Corp. A Taiwanese court ruled that China Petrochemical infringed on Celanese's acetic acid patents and awarded damages for the years 1995 to 1999, Celanese said. The company added that while the decision may be appealed, it expects to prevail due to the validity of its patents. David Weidman, Celanese's president and chief executive, said the ruling "reinforces Celanese's position as the technology leader in acetic acid."

Posted by GEN-ERIC at 12:21:17 am into the following categories: In The News

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