Patent license agreement in the petrochemical industry. Our firm assisted a leading petrochemicals company in reviewing and negotiating the patent license agreement to use a competitor’s technology and know-how relating to the continuous initiator dosage of activators for the manufacturing of suspension-poly (vinyl chloride) in multiple industrial sites in Brazil.
High investment in preparing factories: This is an important case considering how much our client has already invested in preparing the factories to receive the technology.
Latest development: The agreement is in the final negotiation phase and will be signed soon.
The significance, impact and/or outcome. This case is significant because the client has invested heavily in preparing the factories to receive the technology needed.