Pursuits
Ineos, Lenovo, BlackBerry, Danaher: Intellectual Property
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Ineos Group AG, the largest chemicals maker in the U.K., is taking legal action against China Petroleum & Chemical Corp. for alleged misuse of trade secrets.
A unit of the state-owned company known as Sinopec has “broken a long-established technology agreement which, together with trade-secret misuse by other Sinopec companies, has enabled development” of acrylonitrile plants in China without Ineos’s consent, the company said in a March 21 statement.