Branko Babic
Encyclopedia
Branko Babic is the inventor of polystyrene concrete, which is created by mixing together expanded polystyrene beads one mm in diameter and large quantities of air. It was used to help control Kuwaiti oil wells set ablaze
on Saddam Hussein
's orders in 1991 during the Gulf War
. Babic states he is owed £100M in unpaid royalties
. On the other side, it is claimed that only Kuwaitis may file for patent
s. According to www.patentreformgroup.com:
"In 1991 the Kuwaiti war prompted the development of a way to control burning damaged oil wells. The technology relates to patent applications (GB 8821860.7, 9105690.3, 9106872.6, 9107521.8, 9108270.1, 9109548.9, 9110973.6 and K 39/94 and K 40/94). The outstanding royalties on this technology was well in excess of £100M in 1991. Money people advise that had that sum been well invested at that time, the total value of those royalties should have multiplied many times. As an example of the potential earning capacity of a useful invention the above examples are not unusual but in most cases, inventors never obtain their just reward for the technology they create and indeed, Babic has not been able to retrieve any of the unpaid royalties on the above patents."
Kuwaiti oil fires
The Kuwaiti oil fires were caused by Iraqi military forces setting fire to 700 oil wells as part of a scorched earth policy while retreating from Kuwait in 1991 after invading the country but being driven out by Coalition military forces...
on Saddam Hussein
Saddam Hussein
Saddam Hussein Abd al-Majid al-Tikriti was the fifth President of Iraq, serving in this capacity from 16 July 1979 until 9 April 2003...
's orders in 1991 during the Gulf War
Gulf War
The Persian Gulf War , commonly referred to as simply the Gulf War, was a war waged by a U.N.-authorized coalition force from 34 nations led by the United States, against Iraq in response to Iraq's invasion and annexation of Kuwait.The war is also known under other names, such as the First Gulf...
. Babic states he is owed £100M in unpaid royalties
Royalties
Royalties are usage-based payments made by one party to another for the right to ongoing use of an asset, sometimes an intellectual property...
. On the other side, it is claimed that only Kuwaitis may file for patent
Patent
A patent is a form of intellectual property. It consists of a set of exclusive rights granted by a sovereign state to an inventor or their assignee for a limited period of time in exchange for the public disclosure of an invention....
s. According to www.patentreformgroup.com:
"In 1991 the Kuwaiti war prompted the development of a way to control burning damaged oil wells. The technology relates to patent applications (GB 8821860.7, 9105690.3, 9106872.6, 9107521.8, 9108270.1, 9109548.9, 9110973.6 and K 39/94 and K 40/94). The outstanding royalties on this technology was well in excess of £100M in 1991. Money people advise that had that sum been well invested at that time, the total value of those royalties should have multiplied many times. As an example of the potential earning capacity of a useful invention the above examples are not unusual but in most cases, inventors never obtain their just reward for the technology they create and indeed, Babic has not been able to retrieve any of the unpaid royalties on the above patents."