Settlement announced in patent case

Tessenderlo Kerley Inc. (TKI) and D&M Chem Inc. announced today the settlement of all patent infringement claims made by TKI against D&M Chem pertaining to TKI’s Surround® and Purshade® brands of sunburn and heat stress protectants. As part of the settlement, D&M Chem will continue to manufacture certain sunburn and heat stress protectant products under license from TKI. The remaining terms of the settlement are confidential.

TKI and Willamette AG Inc. also announced today an agreement that Willamette will continue to sell certain sunburn and heat stress protectant products under license from TKI. The remaining terms of their agreement are confidential.

TKI is a global leader in sunburn and heat stress protectant products marketed by NovaSource®, the company’s crop protection business unit. NovaSource acquires, develops, and markets crop protection products for niche agricultural uses globally.

TKI produces and markets specialty chemical solutions, including fertilizers, crop protection chemicals and process chemicals, and services to diverse markets around the globe. TKI operates 10 manufacturing plants in North America, in addition to an extensive terminal network. The company is a subsidiary of Tessenderlo Group, Brussels, Belgium.