On November 1, the Intermediate People's Court of Taizhou City, Jiangsu Provinceconvicted Shanxi Xiangyu Chemical Co., Ltd. and its three natural persons of violating the business secrets of Jiangsu Sinorgchem Technology Co., Ltd. at the first trial.Shanxi Xiangyu was fined RMB 20 million yuan, their illegal income was recovered, and their tools for criminal purpose as well as drawings and data were confiscated. Thethree natural personswere sentenced to corresponding prison terms and fines, of whom the principal criminal Wang, chief engineer ofShanxi Xiangyu,was sentenced to a fixed-term imprisonment of six years and six months as well as a fine of RMB 500,000 yuan.

According to the hearing, since 2007, Shanxi Xiangyu had stolen production process and equipment drawings and other technical data about RT base and antioxidant 4020 of Jiangsu Sinorgchem by illegal means, and had applied them to the upgrading of equipment of its old factory and the construction of production facilities of its new factory. By June 2012, Shanxi Xiangyu's new production facilities of RT base and antioxidant 4020 had been put into operation and sold in the market.

The Intermediate People's Court of Taizhou City brought in a verdict that, the above-mentioned acts of Shanxi Xiangyu had seriously violated national laws and regulations, disturbed the normal order of market economy, and caused significant economic losses to Jiangsu Sinorgchem.

Jiangsu Sinorgchem Technology Co., Ltd. held bySinochem International is not only a leading rubber chemicals R&D and production company in China, but also the No.1 supplier of professional rubber antioxidant 6PPD (4020), IPPD (4010NA) and intermediate 4-ADPA (RT base) in the world. As one of the Top 500 Chemical Enterprises in China, JiangsuSinorgchemhas won many awards of technological progress and invention of the state as well as in the domestic petrochemical industry, and achieved over 190 technological inventions.

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