Neo Provides Update re IP Litigation
Neo Performance Materials Inc. ("Neo" or the "Company") (TSX: NEO) announces that the Regional Court of Mannheim, Germany issued a judgement (the "Judgment") with respect to the damages proceedings related to European Patent #1435338 B1 ("EP'338") case. As previously disclosed, in July 2022, Rhodia Opérations SAS ("Rhodia", now Solvay) initiated an action in the Regional Court of Mannheim against Neo Chemicals & Oxides (Europe) Ltd. ("Neo C&O Europe"), a wholly-owned subsidiary of the Company, a