National

Top Executives at Kolon Industries Indicted for Stealing DuPont’s Kevlar Trade Secrets

Also Charged with Conspiracy to Steal Intellectual Property from Japan-Based Teijin Limited

Washington, DC–(ENEWSPF)–October 18, 2012.  Kolon Industries Inc. and several of its executives and employees have been indicted for allegedly engaging in a multi-year campaign to steal trade secrets related to DuPont’s Kevlar para-aramid fiber and Teijin Limited’s Twaron para-aramid fiber .  The indictment seeks forfeiture of at least $225 million in proceeds from the alleged theft of trade secrets from Kolon’s competitors.

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