Thai polyester maker Indorama denies any wrong doing as alleged by Eastman Chemical in lawsuit regarding its PET manufacturing technology IntegRex
December 30, 2009
21 December 2009
The Stock Exchange of Thailand
Subject: Clarification on news
It has come to Indorama Polymers PCL's attention in the Nation website that Eastman Chemical Company (USA) have initiated a lawsuit in the United States District Court for the District of Delaware against the Alpha Pet and IRP alleging patent infringement of their PET's manufacturing technology (IntegRex), as well as asserting a claim for breach of contract and trade secret misappropriation.
Indorama Companies have not yet received a copy of the complaint, and will reserve all rights until such time as we have reviewed such complaint. Indorama denies any wrong doing as alleged and will further inform you of any progress/actions to be taken by it.
For more information about Indorama Polymers PCL, please visit our website at www.indoramapolymers.com
Indorama Polymers Public Company Limited
(Mr. Souvik Roy Chowdhury)
Authorized signatory for Information Disclosure