Company commits not to try to crack cement formula - News Summed Up

Company commits not to try to crack cement formula


Stock photoA company has agreed, pending further order of the High Court, not to engage experts to try to analyse what a chemist says is his invention of the world's first cement free product for use in the construction industry. Mr Vickers said while Mr McCann was not a director he was in effective control of the company. Mr McCann agreed to invest more than €1m while Mr Vickers agreed to invest €250,000 which he says rose to €420,000. Mr Vickers and his own company, Ashtec IP Services Ltd, say however that Creekmount now is trying to assert ownership over his formulation. Mr Vickers says while working to open up the Creekmount business - which was he says only for the production of cement based products - he was also separately working on a cement free formulation.


Source: Irish Independent October 22, 2024 15:16 UTC



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