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WILMINGTON, Del., and CRANBURY, N.J. -- DuPont Titanium Technologies
and Kronos Worldwide, Inc. announced settlement of litigation involving patented
technology used to produce certain titanium dioxide pigments such as DuPont R-104
and Kronos 2500 for use in polymers. This favorable agreement
for both companies now allows expanded use of these leading edge technologies
and offerings in polymer applications around the world. As part of the settlement
and in recognition of the validity and value of each other's patents, the parties
have cross-licensed each other's patents worldwide in this field. This agreement
also covers the use of these titanium dioxide pigments by customers in their plastic
polymer applications. Other settlement terms were not disclosed. Kronos
Worldwide, Inc. is a major international producer of titanium dioxide pigments. DuPont
Titanium Technologies is the world's largest manufacturer of titanium dioxide,
serving customers globally in the coatings, paper and plastics industries. The
company operates plants at DeLisle, Miss.; New Johnsonville, Tenn.; Edge Moor,
Del.; Starke, Fla.; Altamira, Mexico; and Kuan Yin, Taiwan, all of which use the
chloride manufacturing process. The company also operates a plant in Uberaba,
Brazil, for finishing titanium dioxide. Technical service centers are located
in Uberaba, Brazil; Mexico City, Mexico; Mechelen, Belgium; Kuan Yin, Taiwan;
Ulsan, Korea; Wilmington, Del.; and Shanghai, China, to serve the European, Middle
Eastern, United States, Asian and Latin America markets. DuPont
(NYSE: DD - News) is a science company. Founded in 1802, DuPont puts science to
work by creating sustainable solutions essential to a better, safer, healthier
life for people everywhere. Operating in more than 70 countries, DuPont offers
a wide range of innovative products and services for markets including agriculture,
nutrition, electronics, communications, safety and protection, home and construction,
transportation and apparel. Source:
DuPont Titanium Technologies |