15 May 2015

Songwon Industrial Group announces Financial Results for Q1/2015

Ulsan, Korea – May 15, 2015 – Songwon Industrial Group (www.songwon.com) today announced its financial results for Q1. The Group achieved sales of 157’045 Mil. KRW and a gross profit margin of 15.9% - an increase of 3.4% compared to the Q1/2014.

4 May 2015

Songwon enters into a joint venture with Qingdao Long Fortune Chemical & Auxiliary Co., Ltd. (QLF) in China

Ulsan, Korea - May 4, 2015 - Songwon Industrial Group (www.songwon.com) has signed a joint venture (JV) agreement with Qingdao Long Fortune Chemical & Auxiliary Co., Ltd. (QLF) for the production and sale of its One Pack Systems (OPS) and the sale of polymer stabilizers in China, one of the world’s largest and fastest growing polymer markets.

10 Mar 2015

Songwon announces further price increase on its Polymer Stabilizers in Japan

Ulsan, Korea - March 10, 2015 - Songwon Industrial Co., Ltd. announced today that it will implement an additional up to 20% price increase for its entire range of Polymer Stabilizers in Japan, effective April 15, 2015, or as contracts allow.

20 Nov 2014

Songwon announces global price increases for the majority of its polymer stabilizer range

Ulsan, Korea - November 20, 2014 - Songwon Industrial Co., Ltd. today announced a global price increase of 8% - 12% on a majority of its SONGNOX®, SONGSORB® and SONGXTEND™ product range of polymer stabilizers for the plastics industry.

14 Nov 2014

Songwon Industrial Group announces Financial Results for Q3/2014

Ulsan, Korea - November 14, 2014 - Songwon Industrial Group (www.songwon.com) today announced its audited financial results for Q3. The Group achieved sales of 164,868 Mil. KRW.

27 Oct 2014

Songwon increases price on its entire range of Polymer Stabilizers in Japan

Ulsan, Korea - October 27, 2014 - Songwon Industrial Co., Ltd. has announced a 15% price increase for its Polymer Stabilizers in Japan. The increase is effective November 15, 2014, or as contracts allow.

24 Oct 2014

Songwon and UTS enter cooperation agreement to supply additives to SIBUR

Ulsan, Korea - October 24, 2014 - Songwon Industrial Co., Ltd. (www.songwon.com) and its distributor United Trading System (UTS) have signed a long-term cooperation agreement to supply the Russian petrochemical company, SIBUR with additives used in polypropylene, polyethylene, rubbers, thermoplastic rubbers and PVC. Under the agreement, Songwon will also provide SIBUR with technical support for stabilizers in end-use applications.

14 Aug 2014

Songwon Industrial Group reports stable sales in Q2/2014

• Sales for Q2 with 172,909 Mil. KRW stable compared to 2013
• Gross profit of 23,927 Mil. KRW for Q2, a 25.6% shortfall compared to Q2/2013 due to increased production costs
• Strong recovery reported in U.S., Europe and Japan
• Expansion strategy continues with successful acquisition of SeQuent's specialty chemicals business in India

Ulsan, Korea – August 14, 2014 – Songwon Industrial Group (www.songwon.com) today reported its audited results for Q2 achieving sales of 335,808 Million KRW for the first half of the year. Revenue has increased by 6.14% quarter over quarter when compared to sales of the previous quarter (Q1/2014: 162,899 Mil. KRW).

6 Aug 2014

Songwon successfully completes SeQuent Specialty Chemicals business acquisition and continues expansion strategy

Ulsan, Korea - August 6, 2014 - Songwon Industrial Group's acquisition of SeQuent's Specialty Chemicals business, which includes the polymer stabilizer business, the production site in Panoli and the local R&D division, has been successfully completed according to plan.

22 May 2014

Songwon Industrial Group increases prices for Organo-Tin product range

Ulsan, Korea - May 22, 2014 - Songwon Industrial Co., Ltd. (www.songwon.com) one of the leading global polymer stabilizer manufacturers, has announced an up to 20% price increase for its n-octanol based Organo-Tin products. The increase is effective immediately, or as contracts allow.