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Recently, the Intermediate People's Court of Liaocheng City, Shandong Province concluded a case concerning the recognition of foreign arbitration awards by Luxi Chemical Group Co.
In order to introduce technology, in September 2010, Luxi Chemical Group Co.
In November 2017, the Arbitration Court of the Stockholm Chamber of Commerce in Sweden ruled that Luxi Chemical Company used protected information in the design, construction and operation of its factories producing butyraldehyde, octanol and butanol, and violated the “non-use and confidentiality” Agreement"; Luxi Chemical Company shall not use relevant information in the fourth plant or other plants that produce octanol and butanol
In 2018, Johnson Matthey of the United Kingdom and the Dow Company of the United States filed a lawsuit for recognition of foreign arbitral awards at the Intermediate People's Court of Jinan City, Shandong Province, and the case was transferred to the Liaocheng Intermediate People's Court for acceptance
The Liaocheng Intermediate People's Court conducted a review in accordance with the law, and made a ruling after reporting to the higher court for review, and recognized the arbitration award made by the Arbitration Court of the Stockholm Chamber of Commerce in Sweden
The ruling of the Liaocheng Intermediate People's Court greatly encouraged Dow.
