Dow Chemical has won a $76m (€57.9m) settlement from Nova Chemicals in a legal conflict over enhanced polyethylene resins.
A jury in the US Court of Appeals in
In a prepared statement, Dow officials said 25 January that the firm “will now turn its attention to recovering substantial additional damages for Nova’s continued infringement in the
Dow officials added that the firm is “very pleased” with the decision and that it “affirms Dow’s Jury trial win against Nova in every respect”.
In a 25 January e-mail, Nova spokesman Pace Markowitz said that his firm is “disappointed with the outcome of the case”.
“This was a split decision and one of the judges on the panel agreed with our arguments,” he added. “We are reviewing the decision to determine our next steps.”