Sudarshan Chemical a leading global producer of performance colorants & effect pigments, has won an appeal in the European Courts against Clariant. The Court of Appeal, London has dismissed an appeal raised by Clariant Produkte (Deutschland) GmbH and awarded costs & damages for wrongful threats to Sudarshan.
The appeal was in relation to an earlier judgment of the High Court of Justice in favour of Sudarshan. In terms of the earlier judgment, the court held that Sudarshan's product, Sudafast Yellow 132, did not infringe Clariant's patent and ordered an inquiry into damages and awarded the costs of the action to Sudarshan.
Clariant had issued wrongful threats to Sudarshan's customers in Nov 2009, at a crucial point when Sudarshan had commenced globalising its business and entered the European market. Sudarshan tried to resolve the matter with Clariant amicably given that Sudarshan's R&D Scientists had confidence that the Sudarshan pigment did not infringe any patent. Clariant refused to agree for an amicable settlement. Since Sudarshan respects intellectual property rights, the Company stopped promoting and selling Sudafast Yellow 132(PY191) in overseas market and in light of Clariant's unwillingness to retract their threats.
Sudarshan Chemical is engaged in the production of organic and inorganic pigments and intermediates and diversified into the production of Agrochemicals. It is a part of the Rathi group of companies and contributes about 70% to the total sales revenue of the Group. The company is divided into three Strategic Business Groups namely, Pigments, Effect Pigments and Agrochemicals with manufacturing facilities at Roha and Mahad in Maharashtra.
| Company Name | CMP |
|---|---|
| Sudarshan Chemicals | 834.50 |
| Bodal Chemicals | 67.72 |
| Shree Pushkar Chem | 345.00 |
| Kiri Industries | 414.05 |
| Ultramar & Pigments | 415.45 |
| View more.. | |
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