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Branko Babic
Serbian inventor

Branko Babic

Branko Babic
The basics

Quick Facts

Intro Serbian inventor
Is Inventor
From Serbia
Field Business
Gender male
The details (from wikipedia)

Biography

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 patents. 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."

The contents of this page are sourced from Wikipedia article. The contents are available under the CC BY-SA 4.0 license.
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