Market
Solutions Aganst Dispute Between Frito-Lay and Innovia Films
2016-11-30 17:24  Visit:246

A subsidiary of PepsiCo, US-based Frito-Lay and Innovia Films have resolved their legal dispute over the patent rights for bio-based multi-layer films.

Both the companies achieved a mutually agreeable outcome which ensures a strong patent position for Frito-Lay and the ability for Innovia Films to practice under the patents including the use or resale of Innovia's products by their global customers for bio-based multi-layer films.

Innovia Films CEO David Beeby said they were pleased that they could resolve this issue in an open and constructive manner.

"It also means that Innovia is able to accelerate our product development and supply of NatureFlex renewable and compostable films for bio-based multi-layer applications." Beeby said.

Innovia Films is a UK-based manufacturer and supplier of biaxially-oriented polypropylene (BOPP) and cellulose films for specialty packaging, labeling, graphic arts and industrial products.

Comment
0