Evonik wins apology and damages

URETHANES TECHNOLOGY INTERNATIONAL

Published: August 28, 2013 2:34 pm ET
Updated: August 28, 2013 2:36 pm ET

Related to this story

Topics Materials, Materials Suppliers, Legal

Evonik Industries AG has won unspecified damages and an apology from Qiguang Corp., a Shanghai-based company that used Evonik's Tegostab trademark without permission.

The Shanghai Putuo Court recently found in Evonik's favor and ordered Qiguang to print an apology in the China Chemical Industry News, according to Evonik.

A translated copy of the statement supplied by Evonik reads:

"Shanghai Qiguang hereby certifies, our company and products have not any business relationship in the form of distribution, license, collaboration with Evonik and its affiliates. We sincerely apologize to Evonik for the bad impact and customers for the damages caused by the above acts of infringement. Meanwhile, Shanghai Qiguang undertakes to pay the equivalent to three times of the retail price of the infringing products as compensation if occur in the future."

Tammo Boinowitz, senior vice president and general manager of the comfort & insulation business line at Essen, Germany-based Evonik, added: "The basis for a lasting relationship between Evonik and its customers is transparency at all stakeholder levels. Therefore we encourage our customers to purchase only from official sales channels."


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Evonik wins apology and damages

URETHANES TECHNOLOGY INTERNATIONAL

Published: August 28, 2013 2:34 pm ET
Updated: August 28, 2013 2:36 pm ET

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