DuPont (DD), Heraeus Settle PV Paste Litigation

October 29, 2013 10:33 AM EDT
DuPont (NYSE: DD) and Heraeus Precious Metals North America Conshohocken LLC announced that they have settled all pending lawsuits between them regarding the photovoltaic paste business, including Civil Action No. 1:11-cv-00773-SLR-CJB at the United States District Court for the District of Delaware, regarding infringement of U.S. Patent No. 7,767,254, and Civil Action No. 3:12-cv-01104-HU at the United States District Court for the District of Oregon, regarding infringement of U.S. Patent No. 8,158,504. Neither DuPont nor Heraeus has made any admission of liability with respect to such lawsuits, and Heraeus is licensed under the patents at issue in such suits. Other terms of the settlement between the parties are confidential.

Heraeus Precious Metals North America Conshohocken LLC is an affiliate of the worldwide Heraeus Group, the precious metals and technology group headquartered in Hanau, Germany. Heraeus is a global, private company with more than 160 years of tradition. Our fields of competence include precious metals, materials and technologies, photovoltaics, sensors, biomaterials and medical products, quartz glass, and specialty light sources. In the financial year 2012 Heraeus generated product revenues of €4.2 billion and precious metal trading revenues of €16 billion. With more than 12,200 employees in over 100 subsidiaries worldwide, Heraeus holds a leading position in its global markets.


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