19 May 2011
Songwon announces global price increases for its range of Plastic Additives
Ulsan, Korea – May 19, 2011 – 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 15 and 20% effective on orders invoiced on or after June 1, 2011, or as contracts allow. This price increase is necessary to recover raw material cost increases and support continued investment in reliable supply.
20 Apr 2011
At Chinaplas 2011 Songwon confirms its successfully executed China strategy and announces the next steps in establishing a market leading position
Ulsan, Korea – April 20, 2011 – Just 12 months after the announcement of its business structure in China, Songwon Industrial Co., Ltd. is pleased to be attending Chinaplas 2011 as an established and respected player in the Chinese polymer additives market. Songwon can be found at Chinaplas Hall 12.2, Booth: D11.
4 Apr 2011
Songwon continues to extend local customer support in Spain, Serbia, Montenegro, Kosovo, Slovenia, Macedonia and Croatia with new distribution partner - Biesterfeld Spezialchemie GmbH
Ulsan, Korea – April 4, 2011 – In line with the recognized leadership position of Songwon in the delivery of additives to the plastics industry, it has appointed Biesterfeld Spezialchemie GmbH as its partner to provide local customer support services in Spain, Serbia, Montenegro, Kosovo, Slovenia, Macedonia and Croatia. Biesterfeld Spezialchemie GmbH, a leading pan-European distributor of performance products in the chemical and technical materials markets, will be active on behalf of Songwon as of April 15, 2011.
28 Mar 2011
Songwon appoints Bodo Möller Chimica Italia Srl. as new distribution partner for Italy
Ulsan, Korea – March 28, 2011 – Songwon, a global leader in the manufacture and delivery of additives for the plastics industry, and Bodo Möller Chimica Italia Srl., have entered into a distribution agreement for the market development and sales of the Songwon portfolio of products in Italy. The new partnership will become effective on April 15 2011 and is designed to strengthen the position of Songwon in the Italian market.
23 Mar 2011
Songwon announces global price increases for its range of Thioester Antioxidants
Ulsan, Korea – March 23, 2011 – Songwon Industrial, a leading developer and manufacturer of polymer additives, will increase global prices for its range of Songnox® Thioester Antioxidants - Songnox® DSTDP, Songnox® DLTDP, and Songnox® DTDTP. The increases will range between 10 to 25% effective on orders received on or after March 27, 2011, or as contracts allow.
3 Mar 2011
Songwon announces a new organization to support its global leadership position
Ulsan, Korea – March 3, 2011 – Songwon Industrial Group has emerged as a significant global leader in the polymer additives industry. To meet the growing demands of customers worldwide, it is implementing a new organization, effective as of January 1st 2011, which is outlined in the following chart.
27 Jan 2011
Songwon focuses on local customer support with Caldic as new distribution partner for France and the Benelux
Ulsan, Korea – January 27, 2011 – Songwon, a global leader in the manufacture and delivery of additives for the plastics industry, has chosen Caldic as its distribution partner in France and the Benelux region. The new partnership took effect on January 1, 2011.
21 Jan 2011
Songwon announces global price increases for its range of Plastic Additives
Ulsan, Korea – January 21, 2011 – 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 8 and 15% effective on orders received on or after March 1, 2011, or as contracts allow. This price increase is necessary to recover raw material cost increases and support continued investment in reliable supply.
17 Dec 2010
Songwon Group announces a positive performance for Q3 2010
Ulsan, Korea – December 17, 2010
• Songwon’s Q3 2010 results continued on a positive trend. Songwon Group achieved a net profit of 7.23 Billion KRW for Q3 2010 and a net profit of 20.54 Billion KRW for the first nine months of 2010.
• Songwon signed the definitive agreement to acquire a share in one of the major Chinese Thioesters manufacturers - Tangshan Baifu Chemical Co. Ltd.
• Songwon announced the signature of a MoU to acquire a major share of the Polymer Stabilizers business of HPL Additives Ltd. (India).
• Songwon announced the expansion of its antioxidants capacity at its Maeam facility with an additional 15.000 tons by August 2011, bringing the total to 70.000 tons.
• Songwon has announced the introduction of innovative solutions for PP fibers stabilization and for high heat, low colour and low emissions polyolefin applications.
• Service, cost competitiveness, product range extension and safety remain priorities.
16 Nov 2010
Songwon announces new and innovative additive formulations that boost properties and reduce emissions
Ulsan, Korea – November 16, 2010 – Songwon, a leading additives supplier to the polymer industry, announces the development of a new and innovative range of high heat, low color distortation, and low emission additive formulations for thermoplastics which deliver significant benefits to compounders, molders and end-users.
9 Nov 2010
Songwon introduces a new and innovative solution for PP Fiber Stabilization
Ulsan, Korea – November 9, 2010 – Songwon, a leading additives supplier to the polymer industry, announces the development of a new solution for PP Fiber stabilization in color critical applications.
2 Nov 2010
Songwon announces the expansion of its antioxidants capacity
Ulsan, Korea – November 2, 2010 – Songwon Industrial Co. Ltd. announces the expansion of its antioxidants capacity from 55.000 tons to 70.000 tons. The expanded capacity will be on stream from August 2011. The expansion is the result of the consolidation of the Songnox® 1076 production into Songwon’s new fully backwardintegrated Maeam plant.
