Minerals Technologies, Omya settle pending litigations.Minerals Technologies, New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY, has announced that it has reached a settlement with Omya AG regarding pending commercial and patent litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. involving the two companies. The settlement primarily concerns the intellectual property and patent rights of Minerals Technologies' AT[R] precipitated calcium carbonate calcium carbonate, CaCO3, white chemical compound that is the most common nonsiliceous mineral. It occurs in two crystal forms: calcite, which is hexagonal, and aragonite, which is rhombohedral. (PCC PCC prothrombin complex concentrate. ) acid tolerant technology. As part of the settlement, Omya has agreed to make an upfront payment to Minerals Technologies in return for a non-exclusive royalty-bearing license for the term of the PCC acid tolerant patents. The settlement is on a worldwide basis, and litigation in the U.S. and Italy has been dismissed. |
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