18 Aug 2010
Songwon announces global price increases for its range of Plastic Additives
Ulsan, Korea – August 18, 2010 – Songwon Industrial, a leading developer and manufacturer of polymer additives, will increase global prices of its Songnox® antioxidants, Songlight® and Songsorb® UV stabilizers, Songstab® acid scavengers as well as of its range of aminic antioxidants between 5 and 15% effective on orders received on or after September 1, 2010, or as contracts allow.
29 Jul 2010
Songwon continues to lead on environmental protection and energy savings
Ulsan, Korea – July 29, 2010 – Songwon Industrial Co. Ltd. has announced the start up of its third incinerator and the installation of photovoltaic solar panels at its Ulsan production site.
17 Jun 2010
Songwon establishes a strong foundation in India and South East Asia
Ulsan, Korea – June 17, 2010 – Songwon is pleased to announce the establishment of Songwon International - India Pvt. Ltd. which is located in Mumbai and will be the headquarter for Songwon activities in India and South East Asia.
10 Jun 2010
Songwon Group announces a positive performance for Q1 2010
Ulsan, Korea – June 10, 2010 - Songwon Group, a leading global supplier of additives and other chemicals to the plastic industry, announces a net profit of KRW 6.3 Billion for the first Quarter of 2010. Sales were up 9%, compared to the fourth quarter 2009, driven again by a significant increase in sales volumes and a positive price development. Operating Income is up by about 10% also driven by sales volumes, price gains and a favorable product mix. Both results have been achieved despite significantly unfavorable effects of currency and raw material prices.
3 Jun 2010
Songwon announces the expansion of its new isobutylene facility
Ulsan, Korea – June 3, 2010 – Songwon Industrial Co. Ltd. is pleased to announce that its new isobutylene (IBL) production facility located at the Maeam site in South Korea, which just started production in May 2009 with a capacity of 30.000 tons has been successfully expanded to reach a total capacity of 40.000 tons.
27 May 2010
Songwon announces a new range of unique UV additive systems and solutions for plastics
Ulsan, Korea – May 27, 2010 – Songwon, a leading additives supplier to the polymer industry, announces the development of a new range of unique and innovative UV additive solutions. The new products named SONGLIGHT® 2790 GR and SONGLIGHT 2930 GR are 100% UV active systems consisting of synergistic blends of several additives. The innovative new combinations deliver superior UV protection of plastics compared with standard UV formulations and are particularly suitable for thick plastic sections, where surface & colour protection are key to the customer’s end use applications under severe UV irradiation.
19 Apr 2010
Songwon extends its additives manufacturing and customer support capabilities in China for Songnox antioxidant products
Ulsan, Korea – April 19, 2010 – Songwon Industrial Co., Ltd. and Tangshan Baifu Chemical Ltd. announce their intention to form a joint venture to manufacture and sell Thioester antioxidants. The two companies have signed a Memorandum of Understanding whereby Songwon shall take an initial stake of 30% in Tangshan Baifu Chemical Ltd. with the option to extend its share to up to 50% at a later date.
15 Apr 2010
Songwon builds a firm foundation in China creating a series of wholly owned entities and preparing the way for future JV’s to meet customer demands
Ulsan, Korea – April 15, 2010 – Songwon, a leading additives supplier to the polymer industry, announces a new business structure for China which will be effective in the second quarter of 2010 and will create the foundation from which Songwon will continue to build its presence and customer relationships in China. The new structure will be based on Songwon China Limited, a wholly owned entity of Songwon Industrial Co., Ltd. Songwon China Limited will be based in Hong Kong and will form the cornerstone from which other Songwon entities and JV’s will be established.
13 Apr 2010
Songwon strengthens its support to customers in the UK and Ireland additives market
Ulsan, Korea – April 13, 2010 – In line with its commitment to providing customers with continuous improvement in service, Songwon Industrial Co. Ltd. is pleased to announce the appointment of Elastomerics Ltd. as the disitributor for the United Kingdom and Ireland, of its polymers stabilizers portfolio which are used both in polymer manufacturing and in the prime and recycling processing of polymers.
18 Mar 2010
At Chinaplas 2010, Songwon will demonstrate it’s leadership as a global supplier of Polymer additives and will announce a series of new major initiatives in China
Ulsan, Korea – March 18, 2010 – Songwon Industrial, a leading, global developer and manufacturer of polymer additives, will demonstrate its continued commitment to meeting the rapidly increasing needs and importance of its customers in China at the Chinaplas tradeshow in Shanghai on 19 - 22 April, 2010. Songwon can be found on stand number: W3L61.
15 Feb 2010
Songwon announces global price increases for its range of Plastic Additives
Ulsan, Korea – February 15, 2010 – Songwon Industrial, a leading developer and manufacturer of polymer additives, will increase global prices of its Songnox® antioxidants, Songlight® and Songsorb® UV stabilizers, Songstab acid scavengers as well as of its range of aminic antioxidants between 5 and 15% effective on orders received on or after April 1, 2010, or as contracts allow.
