Santiago de Cali, August 24, 2020
Announcement to the public opinion
Grupo Agroindustrial Riopaila Castilla informs that:
● It is not the owner of the Policane product patent at a national or an international level, nor does it have any legal and/or commercial relationship with said patent.
- It neither owns the patent for the Sukkar and Polisukkar products whose owner is the same person who is applying for the patent for the Policane product.
- Regarding Sukkar, Riopaila Castilla in 2005 and for a few months, produced and sold concentrated sugar cane juice to the company C.I. Sukkar S.A., owner of said product and its patent associated with the Sukkar brand. Riopaila Castilla did not participate in its commercialization or distribution.
- The only patent owned by Riopaila Castilla is for an intermediate sugar, which was granted on February 28, 2013 by the SIC. The product associated with this patent was not launched in the market.
- Riopaila Castilla reaffirms its recognition of the panel sector for what it represents in the country’s economy and the dynamism it generates.
- In addition, it reiterates that it acts in full compliance with the law and respects Law 40 of 1990, which establishes norms for the protection and development of the production of sugarcane and establishes the quota for the promotion of the sugarcane industry.
Catalina Aristizabal Andrés Cadavid
314 784 7663 320 873 7141