Invista Acquires Intellectual Property and Licensing Rights for PTA, PET Technologies

Invista says it has acquired from La Seda de Barcelona (Barcelona) intellectual property relating to its leading purified terephthalic acid (PTA), polyethylene terephthalate (PET), and related process technologies, including the rights to exclusively license the technologies in Europe, the Middle East, and Africa. The acquisition will enable streamlined licensing for these regions because collaboration between Invista's and La Seda's predecessors had previously been required. This was a result of the transfer, in 2000, of...

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