Nalco, an Ecolab company based in the U.S., and Wetend Technologies Ltd, a technology and innovation company based in Finland, have reached a global patent settlement agreement that includes the dismissal of a current lawsuit between the two companies. The terms of the settlement are confidential.
Both Nalco and Wetend Technologies operate globally and have businesses that serve forest products-based process industries, including paper and board mills. The patent dispute involved the use of process mixing technologies for the forest products industry.
Going forward, the companies will collaborate to provide injection mixing technologies to their customers that provide superior environmental results, including the elimination of use of fresh water, reduced use of energy and chemicals and reduced carbon dioxide emissions.