Univation Technologies and
Borealis have
signed agreements granting each other certain
patent rights related to single site
catalysts as
they apply to their respective PE manufacturing
process technologies. Both Univation and
Borealis believe that deals such as this will
increase the availability and accelerate the use
of single site catalysed
polyethylene products.
The parties will not exchange know-how or
technology.
Borealis obtained a licence, including
sub-licensing rights, under Univation’s single
site
patents for its proprietary Borstar PE
Process. During the last ten years, Borealis has
been successful in research, scale-up and
commercialisation of single site catalysts.
Borealis licensed certain single site patent
rights for the slurry loop process in a previous
deal with ExxonMobil, one of Univation’s parent
companies.
"With these additional patent rights, Borealis
will be able to broaden its range of advanced
single site catalysed products. The combination
of our Borstar PE technology and single site
catalyst is an excellent fit that will help us
bring high performance products to the market
and bring value to our customers and
licensees," said Johan von Knorring, Borealis'
Vice President R&D. "We believe that both our
customers and the polymer industry benefit
from cross-licensing and other arrangements
promoting the implementation of new
technology," von Knorring continued.
Univation, whose patent rights in the single
site field are among the most extensive, further
expanded these with the addition of rights
under certain Borealis patents. Univation is
committed to bringing new polyethylene
products into the marketplace by proactively
licensing its patent rights and PE manufacturing
technology.
"While Univation and Borealis remain
competitors in the licensing business, both
companies have found areas in the single site
field where they can complement one another,"
reported Univation president John Verity. "The
industry will ultimately benefit from Borealis’
and Univation’s broadened access to an array of
single site patents, and the increased
availability of single site catalysed polyethylene
worldwide," Verity continued.