Hong Kong court rules against Pioneer Tech Enterprise in BDO trade secret suit
A Hong Kong Court recently entered judgment in favor of butanediol (BDO) producer and licensor INVISTA in a trade secret lawsuit against Pioneer Tech Enterprise. The Court’s ruling permanently prohibits Pioneer from making any use of INVISTA’s trade secrets—including submitting any bids or other documents reflecting the trade secrets—and awards damages to INVISTA for Pioneer’s infringement and breach of confidence.
Both INVISTA and Pioneer submitted bids to a client in Shaanxi Province in 2013 to license BDO technology at a planned facility in China. INVISTA initiated a formal challenge to the bid process and pursued legal action against Pioneer, Frontech, Inc., and business executive Ming D. Wan, alleging that the defendants had misappropriated INVISTA’s trade secrets related to BDO technology.
“INVISTA invests significant time and resources in developing and licensing the most competitive technology available in the market,” said Mike Pickens, general manager for INVISTA Performance Technologies. “We owe it to our licensees to relentlessly pursue instances of intellectual property misappropriation. This protects the investment of our licensees and ensures that INVISTA will be able to continue to develop and license leading edge technology.”
In 2010, INVISTA sued Wan and his company, Frontech, in the U.S. for misappropriation of trade secrets. As part of the resolution of that matter, Frontech agreed to pay INVISTA a fee for a limited license related to two other BDO projects, return all confidential INVISTA information, and preserve certain documents related to its efforts to secure BDO licenses in the future. After failing to appear for a Texas Court-ordered deposition and produce documents relating to its BDO licensing efforts, Wan and Frontech were held in contempt of court and ordered to pay a fine to INVISTA.
INVISTA Performance Technologies provides industry-leading 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).
The company licenses its proprietary BDO technology to manufacturers in China and around the world, who use it to produce polyurethanes, spandex, polyester glycols, and other specialty chemicals. For more information on license packages, please visit www.ipt.INVISTA.com