Innovia and Frito-Lay resolve legal dispute
Frito-Lay North America and Innovia Films have resolved their legal dispute over patent rights for bio-based multilayer films.
The companies achieved a mutually agreeable outcome that will ensure a strong patent position for Frito-Lay and will enable Innovia to practise under the patents including the use or resale of Innovia’s products by their global customers for bio-based multilayer films.
“We are very pleased that we have been able to resolve this issue in an open and constructive manner,” said David Beeby, CEO of Innovia Films. “It also means that Innovia is able to accelerate our product development and supply of NatureFlex renewable and compostable films for bio-based multilayer applications.”
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