Beverage Container Makers Settle Patent Suit For $25M
In a statement, Constar said it had granted Continental PET Technologies and its former parent company, Owens-Illinois Inc., global licenses to applications of the Oxbar patents.
Constar's patented Oxbar oxygen-scavenging technology increases the shelf life of packaged foods and beverages. It is used to manufacture PET, or polyethylene terepthalate, bottles for oxygen-sensitive products, such as juice, tea...
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