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August 1, 2007

Technic exec pleads guilty to sabotaging test

An executive of a Rhode Island chemical company pleaded guilty to sabotaging a test of a formula developed by competitor Rohm & Haas Co. for electroplating Intel Corp. microchips.

Robert Schetty III, a vice president in charge of developing and marketing electroplating products for Cranston-based Technic Inc., pleaded guilty today in federal court in Central Islip, N.Y., to destroying a Rohm & Haas solution called ST380 that was being tested for Intel.

"This is a very, very stupid caper in his life and he's doing his best to put it behind him," Ron Russo, Schetty's lawyer, said in an interview

Schetty faces as much as 10 years in prison, three years probation and a $250,000 fine, prosecutors said. He agreed to pay $15,536 restitution to Rohm & Haas.

Schetty worked in Plainview, N.Y., for the Advanced Technology Division of closely held Technic, prosecutors said in a court document filed under seal July 17 and released today. He schemed to ruin the tests because he feared Rohm & Hass would take Technic's Intel account.

Bob Sheeran, a Technic spokesman, didn't return a call seeking comment.

Electroplating is an industrial process that uses an electrical current to coat microchips with a thin later of metal.

-- Bloomberg News

Posted by Mike McKinney  at 6:48 PM | Permalink

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