Tuesday, 5 January 2021

Sandvik continues to enforce patent rights in India

 

Earlier this year Sandvik communicated that the Delhi High Court in India ruled in favor of Sandvik regarding patent infringement concerning its Vertical Shaft Impact Crusher.

Following another investigation into infringement of patents for Sandvik down the hole hammers                 (Mission 4), two companies based in Hyderabad were found to be selling copies of the Mission                                     4 hammers. Cease and desist notices were issued to both entities.

Both companies have recognized and acknowledge Sandvik’s patent rights and agreed to cease and desist from manufacturing, advertising (either directly or indirectly), selling, making available for sale, importing, exporting, etc. any product which infringes the claims of the registered patents.

Sandvik was very pleased of the outcome to have been able to use legal means to stop further distribution of illegal non-genuine Sandvik products on the market by the two companies.

Sandvik invests significant sums of money in research and development and also in registering intellectual property rights such as patents, which are designed to protect this investment in its products. Sandvik believes it must protect its interests in order to continue investing in the future and remain world leaders in tools, service and equipment design.

Sandvik Group

Sandvik is a high-tech and global engineering group offering products and services that enhance customer productivity, profitability and safety. We hold world-leading positions in selected areas – tools and tooling systems for metal cutting; equipment and tools, service and technical solutions for the mining industry and rock excavation within the construction industry; products in advanced stainless steels and special alloys as well as products for industrial heating. In 2019, the Group had approximately 40,000 employees and revenues of about 100 billion SEK in more than 160 countries within continuing operations.

Sandvik Mining and Rock Technology

Sandvik Mining and Rock Technology is a business area within the Sandvik Group and a global leading supplier of equipment and tools, service and technical solutions for the mining and construction industries. Application areas include rock drilling, rock cutting, crushing and screening, loading and hauling, tunneling, quarrying and breaking and demolition. In 2019, sales were approximately 45 billion SEK with about 14,000 employees in continuing operations.

No comments:

Post a Comment