95-6195. Notice Pursuant to the National Cooperative Research and Production Act of 1993Processes for the Production of Steel From Iron Carbide and Related Technologies

[Federal Register Volume 60, Number 49 (Tuesday, March 14, 1995)]
[Notices]
[Page 13734]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 95-6195]



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DEPARTMENT OF JUSTICE

Notice Pursuant to the National Cooperative Research and 
Production Act of 1993--Processes for the Production of Steel From Iron 
Carbide and Related Technologies

    Notice is hereby given that, on January 5, 1995, pursuant to 
Section 6(a) of the National Cooperative Research and Production Act of 
1993, 15 U.S.C. 4301 et seq. (``the Act''), the parties to a 
cooperative research and production venture relating to processes for 
the production of steel from iron carbide and related technologies has 
filed a notification simultaneously with the Attorney General and the 
Federal Trade Commission disclosing (1) the identities of the parties 
and (2) the nature and objectives of the venture. The notifications 
were filed for the purpose of invoking the Act's provisions limiting 
the recovery of antitrust plaintiffs to actual damages under specified 
circumstances. Pursuant to Section 6(b) of the Act, the identities of 
the parties are: U.S. Steel Group, a unit of USX Corporation, 
Pittsburgh, PA; Nucor Corporation, Charlotte, NC; and Praxair, Inc., 
Danbury, CT. None of the parties are controlled by any other person. 
The nature and objectives of the venture are to jointly conduct a 
feasibility study of a specific process for producing low-carbon alloys 
(steel) from iron carbide (the ``Process''). If the feasibility study 
is successful, the venture will design, construct and operate a plant 
to demonstrate the feasibility of the Process (the ``Demonstration 
Plant'').
    The venture will involve the testing of steel produced at the 
plant; the collection, exchange and analysis of research and production 
data and information obtained from operating the plant and concerning 
the Process, the iron carbide processed and steel produced at the 
plant; improvements and modifications to the Process; and development 
of related processes for the production of steel from iron carbide. The 
venture will also prosecute patent applications (domestic and foreign) 
covering the Process, improvements and related processes, and will hold 
title to such patents. The venture will license its patents and 
unpatented technology to third persons.
    The parties have executed a Letter of Intent, dated as of October 
5, 1994, which contemplates that they will enter into a written 
definitive agreement concerning the venture. No written definitive 
agreement has yet been executed.
Constance K. Robinson,
Director of Operations, Antitrust Division.
[FR Doc. 95-6195 Filed 3-13-95; 8:45 am]
BILLING CODE 4410-01-M