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ITC Opinion Confirms that Sino Legend
Misappropriated SI Group Trade Secrets
SCHENECTADY, NY – March 6, 2014 – The U.S. International Trade Commission (ITC) has issued a public version of its Final Determination, offering specific details of its decision to ban the import of certain Sino Legend resins for 10 years.
The 88-page document unequivocally and overwhelmingly supports SI Group's claims and details the misappropriation of SI Group trade secrets. "This is classic misappropriation of trade secrets, with copying down to the thousandth decimal place," as stated on page 46 of the report. Sino Legend and its affiliates "wrongfully took [SI Group's] SP1068 trade secrets by unfair means."
Beyond the details of the misappropriation, the document sheds light on other misconduct by Sino Legend to avoid responsibility for its actions, including how it would "hide the relationships between the parties and origin of products."
SI Group, a leading developer and manufacturer of chemical intermediates, specialty resins, and solutions, filed the ITC complaint in May 2012. A final decision was issued in January 2014 in SI Group's favor, confirming that Sino Legend, Red Avenue, and certain affiliates had misappropriated SI Group trade secrets.
The public version of the ITC's Final Determination is available on SI Group's website (http://www.siigroup.com/press). Additional information on this case, No. 337-TA-849, is available on the ITC's website.
About SI Group
SI Group is a family-owned company founded in 1906 and headquartered in Schenectady, New York. A leading global developer and manufacturer of phenolic resins, alkylphenolic resins, alkylated phenols and other chemical intermediates, SI Group operates 20 facilities in 10 countries around the world. For more information about SI Group, visit www.siigroup.com.