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DuPont accuses Kolon of stealing trade secrets

WASHINGTON (AFP) Leading US chemical company DuPont on Tuesday filed a lawsuit accusing South Korean competitor Kolon Industries of stealing trade secrets. DuPont said a civil suit was filed in a US federal court against Kolon "for theft of trade secrets and confidential information" over the American firm's Kevlar fiber product used in body armor worn by police officers and soldiers. DuPont also was filing a lawsuit Tuesday in Canada and considering similar actions in other countries over the issue, a company statement said. "This action underscores the measures that DuPont, as a market-driven science company, will pursue to protect our proprietary information for the benefit of our shareholders and customers," DuPont's counsel Thomas Sager said. To continue reading this interesting article please click here.

Full post as published by The Trade Secrets Vault on February 04, 2009 (boomark / email).