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Materia, Evonik reach agreement on catalyst license

PASADENA, Calif. — Materia, Inc., a supplier of high performance catalysts and advanced polymers, has entered into a license agreement with Evonik Industries, related to olefin metathesis catalysts, following a patent infringement case between the two companies.

Subject to the terms of the agreement, Evonik allows Materia to make and sell the catalysts that are covered by an injunction issued by the court in August of this year. The agreement also permits Materia's customers to use these catalysts in their products.

The license agreement addresses Evonik's United States Patent Numbers 7,378,528, 7,652,145 and 8,153,810 and related U.S. and foreign patents and patent applications.

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