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Kolon Plays Innocent on DuPont Charges

By Jane Han Staff Reporter Kolon Industries fended off Wednesday a trade secret lawsuit filed by leading American chemical firm DuPont, claiming that its business has not breached any law to step into the lucrative para-aramid fiber market. DuPont filed a suit with a U.S. federal court Tuesday, accusing the Korean firm of stealing trade secrets and confidential information related to its high-strength fiber technology used to make bullet-proof and flame-resistant clothing. ``Kolon was not involved in illegal activities to expand its business. We need more information from DuPont and to see a copy of the complaint to understand exactly what they are suing us for,'' said Lim Chu-seup, Kolon's chief communications officer. To continue reading this interesting article from Korea Times please click here.

Full post as published by The Trade Secrets Vault on February 09, 2009 (boomark / email).