31 Mar 2016
Songwon underlines its commitment to China’s polymer industry at Chinaplas 2016
Ulsan, Korea – March 31, 2016 – Songwon Industrial Group (www.songwon.com), the 2nd largest manufacturer of polymer stabilizers in the world, will be showcasing its high-performance solutions at Chinaplas 2016, together with its Joint Venture (JV) partners, Songwon Baifu – a global leader in thioesters and Qingdao Long Fortune Chemical & Auxiliary Co., Ltd. – a leading stabilizer supplier with a superb reputation among all the major polyolefin manufacturers in China.
22 Mar 2016
Songwon Industrial Group expands its Board of Directors
Ulsan, Korea – March 22, 2016 – Songwon Industrial Co., Ltd. today announced the election of its Board of Directors (BOD), and reported that the number of directors on the Board has been increased from four to seven.
10 Mar 2016
Songwon Industrial Group concludes FY 2015 with stable growth and positive financial results
Ulsan, Korea – March 10, 2016 – Songwon Industrial Group (www.songwon.com) today reported its financial results for FY2015. Sales and profits continued to grow in Q4/2015 and contributed to the overall stable growth for the full year. In Q4, Songwon achieved sales revenues of 166,470 Mil. KRW, an increase of 1.0% over Q4/2014.
5 Feb 2016
Songwon announces price increases for Organo Tin Intermediates
Ulsan, Korea – February 5, 2016 – Songwon Industrial Co., Ltd. today announced price increases up to 15% on its entire range of Organo Tin Intermediates, including SONGCAT® DOTO and SONGCAT® DBTO used in Japan’s PVC-stabilizer and Coating industries.
22 Jan 2016
Songwon’s new manufacturing plant in Kizad, Abu Dhabi operational
Abu Dhabi, UAE – January 22, 2016 – Songwon Industrial Co., Ltd., today announced that the new state-of-the-art joint venture manufacturing plant in Abu Dhabi is now operational.
16 Dec 2015
Songwon appoints Depotchem as exclusive distributor for Israel
Ulsan, Korea – December 16, 2015 – Songwon Industrial Co., Ltd. announced today that Depotchem Amgal Ltd., a leader in the distribution of chemicals and raw materials, will be its exclusive distributor for Israel from January 1, 2016.
13 Nov 2015
Songwon Industrial Group releases Financial Results for Q3/2015
Ulsan, Korea - November 13, 2015 - Songwon Industrial Group (www.songwon.com) has published its financial results for Q3. In Q3/2015, gross profit amounted to 39,898 Mil. KRW with sales totaling 173,897 Mil. KRW, an increase of 5.5% over Q3/2014. The gross profit margin rose to 22.9% and the Group reported an 87.5% increase in EBITDA (without consideration for one time items, 49.8%) compared to Q3/2014.
9 Sept 2015
Songwon extends its SONGNOX® PQ stabilizer range
Ulsan, Korea – September 9, 2015 – After being active in the market for over a year with its SONGNOX® PQ stabilizer, Songwon announced today that it has extended its product range in response to customers’ ever-expanding needs.
14 Aug 2015
Songwon Industrial Group releases Financial Results for Q2/2015
Ulsan, Korea – August 14, 2015 – Today, Songwon Industrial Group (www.songwon.com) released its financial results for Q2. The Group announced sales of 157,009 Mil. KRW and a gross profit margin of 20.3% for Q2 - an increase of 6.5% points compared to Q2/2014.
24 Jul 2015
Songwon announces global price increases for the entire range of Phenolic Antioxidants
Ulsan, Korea – July 24, 2015 – Songwon Industrial Co., Ltd. today announced a global price increase of 5% on the entire range of Phenolic Antioxidants.
8 Jun 2015
SONGWON launches new stabilizer solution for XPS at the AMI Masterbatch conference
Ulsan, Korea – June 8, 2015 – SONGWON will be launching its new SONGXTEND® 1301 stabilizer for XPS containing new polymeric flame retardants at the upcoming AMI Masterbatch conference in Cologne, Germany on June 9 -11, 2015.
15 May 2015
Songwon receives the 2015 Frost & Sullivan Product Line Strategy Leadership award
Ulsan, Korea – May 15, 2015 – Songwon Industrial Co., Ltd. (www.songwon.com) announces that it has received the 2015 Frost & Sullivan Best Practice Excellence Award for leadership in product line strategy.
