Celanese Brings Suit Against Saudi Arabian Acetyls Company

20-Nov-2006

Celanese Corporation announced that it has filed suit in district court in Harris County, Texas, against Saudi International Petrochemical Company, International Acetyls Company and International vinyl acetate Company seeking injunctive relief to prevent the defendants from using Celanese's trade secrets, confidential information and know-how in the construction and operation of vinyl acetate monomer and acetic acid facilities the defendants plan to build in Al Jubail, Saudi Arabia.

"Celanese commenced this action as part of its continuing efforts to ensure that its technology and other valuable intellectual property are not misappropriated or illegally used by our competitors," said John O'Dwyer, president of Celanese Chemicals, "Celanese will take all appropriate actions to protect its critical technological advantages."

Celanese's Petition alleges that the defendants engaged in a calculated campaign to misappropriate and commercialize Celanese's confidential information. The Petition asserts that defendants, acting directly and through agents, among other acts, aggressively recruited and hired former or current Celanese employees, identified and retained engineering and construction firms that had extensive experience working on Celanese's acetyl projects, and vendors and other suppliers with intimate knowledge of Celanese's trade secrets.

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