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TERMS & CONDITIONS

1. DEFINITIONS AND INTERPRETATION

For the purposes of this agreement: (a) “Agreement” means the Terms and Conditions stated below; (b) “Tecnon OrbiChem Group” means Tecnon OrbiChem and all of its subsidiaries; (c) “Confidential information” shall include the terms and conditions of this Agreement, all information obtained by the registered user in any form, directly or indirectly, oral or written, any usernames and passwords acquired by the registered user (whether prior to the commencement date or after the commencement date) as a result of entering into this Agreement, which relates in any way to Tecnon OrbiChem; (d) “Data” means all information produced by Tecnon OrbiChem including but not limited to; price data, charts, news, analysis, (e) “Intellectual Property Rights” means trade marks, copyright rights, trade names, domain names, trade secrets, confidential information, data base rights and all other exclusive intellectual property rights registered or unregistered; (f) “Personal Data” has the meaning given to it in the General Data protection Regulation 2016 which includes any information that allows a person to be identified or identifiable, directly or indirectly in a number of ways including but not limited to, identification by name, email address, telephone number, cultural or social identity, address and date of birth. (g) “Data Subject” means any person who provides their personal data. (h) “Licensed materials” means any articles, publications, whether in electronic or in print form to be supplied to the registered user under the terms of this Agreement; (i) “Order form” means the form used by registered users to request subscription services from Tecnon OrbiChem; (j) “Subscription Period” means the period between the initial commencement and renewal of services provided; (k) “Commencement Date” means the start month of the subscription (l) “User” means registered person for the subscription (m) “Authorised Number of Copies” means the number of copies the user is permitted to have, (m) “Delivery Address” means the online account where the services will be delivered to and log on is with a registered username and password.

2. DELIVERY OF THE LICENSED MATERIALS

The User will receive the Licensed Materials from Tecnon OrbiChem at the Delivery address specified by the User.

All Users are expected to ensure they are able to receive and access all Licensed Materials delivered to their chosen address.

Tecnon OrbiChem reserves the right to discontinue the supply of all Licensed Materials where appropriate and in the event of this; Tecnon OrbiChem will notify the User of this decision by no later than 3 months.

3. USE OF THE LICENSED MATERIALS

Tecnon OrbiChem hereby grants a subscription for registered Users. Each User is issued a username and password for log on to orbichem.com from which the report and related price data can be downloaded.

Save as expressly permitted in this Agreement, the User shall not, and shall ensure that its sub-contractors, agents and employers do not (i) transfer the service(s) to any party; (ii) reproduce any part of the service(s) or base data by any process whatsoever without written permission of Tecnon OrbiChem; (iii) include base data in any public or private publication of your company or any of its subsidiaries without prior authorisation from Tecnon OrbiChem Ltd; (iv) Share usernames and passwords;

The User will be held liable and responsible for all acts and omissions of the User, its employees, sub-contractors and agents.

4. PAYMENT TERMS

The User shall pay Tecnon OrbiChem a non- refundable fee in advance of the subscription period. The payment will be made using a method agreed upon by Tecnon OrbiChem and the User.

5. INTELLECTUAL PROPERTY RIGHTS

Tecnon OrbiChem has exclusive rights over all IPR in the Licensed Materials.

Save for clause 3, nothing in this Agreement shall be read as creating, granting, transferring or assigning to the User any title, interest, or to the IPR in and to the Licensed Materials or the Tecnon OrbiChem Marks.

All users must be granted explicit consent of Tecnon OrbiChem if any use is made of the Licensed Materials and Tecnon OrbiChem shall be credited as the source and owner of the IPR in all Licensed Materials.

The User shall inform Tecnon OrbiChem should they become aware that someone else is violating any IPR or other rights of Tecnon OrbiChem. This notification must be made without undue delay.

6. COMMENCEMENT AND TERMINATION

This Agreement shall come into force on the Commencement Date and will last for the length of the Subscription Period.

Tecnon OrbiChem may terminate the provision of all Licensed Materials if the User violates any of the terms of this Agreement.

The User may terminate this Agreement in the event of a material breach by Tecnon OrbiChem such as a breach of its warranties, representations or undertakings. Tecnon OrbiChem must be notified in writing if the User wishes to terminate the Agreement.

7. CONSEQUENCES OF TERMINATION

Upon this Agreement being terminated (a) Tecnon OrbiChem will no longer be under an obligation to supply and the User will no longer enjoy the right to receive, access or use, any of the Licensed Materials pursuant to this Agreement; (b) the User shall ensure that all outstanding payments due are paid and (c) clauses, 1, 3, 5, 6, 8, 9, 10, 11 and 12 shall survive such termination.

Tecnon OrbiChem agrees to use personal information received from registered Users only for reasons made aware to the User to fulfil business obligations under this Agreement; (ii) to protect its IPR; (iii) to offer the User services of the Tecnon OrbiChem Group; (iv) in accordance with its Privacy Policy (available orbichem.com) and; (v) as permitted by law in certain circumstances.

The User is responsible for obtaining the consent of the relevant Data Subjects when transferring Personal Data relating to such Data subjects to Tecnon OrbiChem and to the use of such Personal Data by Tecnon OrbiChem in accordance with this Agreement.

Tecnon OrbiChem has security measures put in place to uphold the protection of all information collected and processed.

The User is obliged to keep all information confidential. The User may not disclose, procure or transfer any information without Tecnon OrbiChem’s permission.

All notices regarding this Agreement will be made in writing and sent by email or post to the address specified in the Order Form. Emails will be deemed served immediately on sending and post after the normal period of time for delivery from the UK to the postal address.

8. WARRANTIES AND LIABILITIES

All parties involved agree they have the right to enter into and to perform obligations under this Agreement.

Tecnon OrbiChem excludes warranty, representation or guarantee that the contents of the Licensed Materials are accurate, complete, or void from any defects. The User shall not hold Tecnon OrbiChem liable for any damages, whether directly or indirectly, including damages for loss of business, loss of profits, punitive or consequential damages, damages arising in contract, tort, or from any action taken as a result of reliance on the information contained in the Licensed Materials.

Each party hereby agrees that Tecnon OrbiChem gives no warranty to any terms and conditions that may be implied into this Agreement in consideration of the Licensed Materials.

9. DATA PROTECTION

Tecnon OrbiChem agrees to use personal information received from registered Users only for reasons made aware to the User to fulfil business obligations under this Agreement; (ii) to protect its IPR; (iii) to offer the User services of the Tecnon OrbiChem Group; (iv) in accordance with its Privacy Policy (available orbichem.com) and; (v) as permitted by law in certain circumstances.

The User is responsible for obtaining the consent of the relevant Data Subjects when transferring Personal Data relating to such Data subjects to Tecnon OrbiChem and to the use of such Personal Data by Tecnon OrbiChem in accordance with this Agreement.

Tecnon OrbiChem has security measures put in place to uphold the protection of all information collected and processed.

10. CONFIDENTIALITY

The User is obliged to keep all information confidential. The User may not disclose, procure or transfer any information without Tecnon OrbiChem’s permission.

11. NOTICES

All notices regarding this Agreement will be made in writing and sent by email or post to the address specified in the Order Form. Emails will be deemed served immediately on sending and post after the normal period of time for delivery from the UK to the postal address.

12. GENERAL CONDITIONS

These Terms and Conditions shall apply to all parties in this Agreement. Any previous related agreements cannot be relied upon.

Any provisions found to be unenforceable in this Agreement will not preclude the rest of the provisions being held valid in this Agreement.

Tecnon OrbiChem shall not be held liable or responsible for any failure or delay in performing its obligations pursuant to this Agreement caused by bad weather, any act of God, power cut, an act or omission by any public authority or telecommunications company, war, riot or any other circumstances beyond Tecnon OrbiChem’s reasonable control.

These terms and conditions shall be interpreted in accordance with the Laws of England and any dispute shall be subject to the exclusive jurisdiction of the English Courts.

13. ASSIGNMENT

The User shall not have the right to assign or otherwise transfer its rights or obligations under this Agreement including, without limitation, by operation of law, merger, acquisition or otherwise.

However, on a single occasion only, in the event that the User desires to assign its rights and obligations, in their entirety, in connection with the sale of all or substantially all of its assets or a merger or acquisition of the User, then the User shall be permitted to make such assignment, upon written consent by Tecnon OrbiChem, which shall not be unreasonably withheld.

Such assignment shall also be conditioned on a requirement that the merged entity is not a competitor of Tecnon OrbiChem in its business as a developer and distributor of business-to-business information. Any such prohibited assignment shall be void and of no effect.

In the event that the User sells all or substantially all of its assets to, merges with, or acquires another entity subscribing to the Licensed Materials, Tecnon OrbiChem, at its discretion, will merge the two Agreements and harmonise scopes into a new Agreement to the products for the surviving entity. In this case, future annual payments made for the new Agreement shall not be less than the annual sum of the previous agreements.

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