Huntsman Sues Zhejiang Longsheng Group for RMB 231 Million for Patent Infringement Damages
Singapore -- The Textile Effects division of Huntsman Corporation (NYSE: HUN) announced it has sued Zhejiang Longsheng Group Co., Ltd. (“Longsheng”) and its subsidiaries Zhejiang Keyong Chemical Co., Ltd. (“Keyong”) and Shanghai Colva Dyestuff Co., Ltd. (“Colva”) for infringing its Chinese Patent No. ZL00106403.7 by making and selling certain black dyes. Huntsman is seeking substantial damages of RMB 231 million and an injunction against further infringement.
Huntsman’s lawsuit follows the decision of the Shanghai High Court affirming the judgment of the Shanghai First Intermediate People’s Court rendered in May 2013, which found that Colva had infringed Huntsman’s Chinese Patent No. ZL00106403.7 by manufacturing and selling Colvazol Super Black LC-G and Colvazol Super Black LC-R. Colva was ordered by the court to immediately stop manufacturing and selling the infringing products and to pay statutory damages to Huntsman.
Longsheng controls both Keyong and Colva, and all three companies manufacture and sell textile dyes in China. Longsheng also has majority ownership of the Dystar Group.
Paul Hulme, President of Huntsman Textile Effects said: “Huntsman is fully committed to protecting its intellectual property rights, and will vigorously pursue those who are making and selling infringing products and to obtain full compensation for our damages”.
Huntsman’s patented technology is a true innovation for producing deep black shades. It is used in Huntsman’s NOVACRON® Super Black G and NOVACRON® Super Black R. The making, use, importation or sale of products, which use Huntsman’s patented technology without authorization, is an infringing act. Huntsman would be pleased to support its customers and textile value chain partners with any questions that they may have relating to this issue.
Christina Koh +65 6390 6482 email@example.com
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Huntsman Corporation is a publicly traded global manufacturer and marketer of differentiated chemicals with 2014 revenues of approximately $13 billion including the acquisition of Rockwood’s performance additives and TiO2 businesses. Our chemical products number in the thousands and are sold worldwide to manufacturers serving a broad and diverse range of consumer and industrial end markets. We operate more than 100 manufacturing and R&D facilities in more than 30 countries and employ approximately 16,000 associates within our 5 distinct business divisions. For more information about Huntsman, please visit the company's website at www.huntsman.com.
About Huntsman Textile Effects
Huntsman Textile Effects is the leading global provider of high quality dyes and chemicals to the textile and related industries. With operations in more than 90 countries and seven primary manufacturing facilities in six countries (China, Germany, India, Indonesia, Mexico and Thailand), Huntsman Textile Effects is uniquely positioned to provide prompt and expert technical service wherever our customers are based. Sustainability, innovation and collaboration are at the heart of what we do. We use cutting edge technology to develop solutions and create innovative products with intelligent effects such as built-in freshness, sun protection or state-of-the-art dyes which reduce water and energy consumption. All these go towards meeting the needs of our customers in supporting a more sustainable environment. For more information about Huntsman Textile Effects, please visit www.huntsman.com/textile _effects.
Forward Looking Statements:
Statements in this release that are not historical are forward-looking statements. These statements are based on management’s current beliefs and expectations. The forward-looking statements in this release are subject to uncertainty and changes in circumstances and involve risks and uncertainties that may affect the company’s operations, markets, products, services, prices and other factors as discussed in the Huntsman companies’ filings with the U.S. Securities and Exchange Commission. Significant risks and uncertainties may relate to, but are not limited to, financial, economic, competitive, environmental, political, legal, regulatory and technological factors. In addition, the completion of any transactions described in this release is subject to a number of uncertainties and closing will be subject to approvals and other customary conditions. Accordingly, there can be no assurance that such transactions will be completed or that the company’s expectations will be realized. The company assumes no obligation to provide revisions to any forward-looking statements should circumstances change, except as otherwise required by applicable laws.