Momentive settles IP legal action against Qingdao Siltech
17 Nov 2015
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Waterford, New York – Momentive Performance Materials Inc has reached an out of court settlement with Qingdao Siltech Frontier Material Co, a Chinese firm specialising in silicone technology.
In a press release on 1 Oct, Momentive said the agreement had been reached “recently” and it was with respect to the company’s “intellectual property rights that furthers Momentive’s ability to achieve its commercial objectives as well as continue its policy of actively enforcing and protecting its global intellectual property.”
“Momentive has a long history of innovation and we take protection of our intellectual property very seriously,” said John Moran, Momentive Senior Vice President and General Counsel. “We have and will continue to vigorously enforce our intellectual property rights around the world.”
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