AdvanSix Inc. and Arxada Settle Global Patent Infringement Disputes, Reach Comprehensive Agreement
AdvanSix Inc. and Arxada have successfully settled all outstanding patent infringement suits, reaching a comprehensive agreement through amicable discussions. This resolution addresses all pending patent disputes worldwide. AdvanSix is the owner of EZ-BLOX® Anti-Skinning Agent, which includes the key component 2-pentanone oxime ("2PO"). This component's use as an additive in alkyd-based coating compositions is covered by patent EP 3 286 270, validated in numerous European countries and valid until April 2036. As part of the agreement, Troy will source EZ-BLOX 2PO from AdvanSix and co-brand downstream sales with the EZ-BLOX® and Troymax® Antiskin MP marks. The agreement terms remain confidential.
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