18 Jul 2013
Songwon announces global price increases for its range of Polymer Stabilizers and Specialty Antioxidants
Ulsan, Korea - July 18, 2013 - Songwon Industrial Co., Ltd. (www.songwon.com), a leading developer and manufacturer of Polymer Additives, will increase the global selling prices of its Polymer Stabilizers and Specialty Antioxidants products. The increase will range between 5% and 8% effective on orders received on or after August 15, 2013, or as contracts allow.
Recent cost escalations in key raw materials combined with the need to reach profitability that supports reinvestment have made the increase inevitable.
Within the Polymer Stabilizers product range, the increase will apply primarily to SONGNOX® 6260, SONGNOX® 6280, SONGNOX® 2590, SONGNOX® PTBP, SONGNOX® 1077 and SONGNOX® 6180 as well as to AO FR and AO RD within the Specialty Antioxidants product range.
Reader enquiries
Songwon Industrial Co., Ltd.
Walzmühlestrasse 48
8500 Frauenfeld
Switzerland
Notes for editors
About Songwon Industrial Co., Ltd.
Songwon Industrial Co., Ltd. is a leading producer and seller of Songnox® Antioxidants, Songnox® One Pack Systems, SABO®STAB, Hindered Amine Light Stabilizers, Songsorb® Ultraviolet Light Absorbers, Songstab™ Acid Scavengers, Songstab™ PVC Stabilizers, Songcat™ Tin Intermediates, Songcizer™ Plasticizers for the plastics industry, as well as lubricants, surface coating agents, polyurethane, alkyl phenols, biphenol, flocculants and other chemicals. The Songwon Group of Companies includes Songwon Industrial Co., Ltd., Songwon Holdings AG, Songwon International AG, Songwon International – Japan K.K., Songwon China Ltd., Songwon Industrial Co. Ltd. Representative Office Bahrain, Songwon Additive Technologies AG, Songwon Additive Technologies-Americas Inc., Songwon ATG GmbH, Songwon International – Americas Inc., Songwon International – India Pvt. Ltd., Songwon Trading Co. Ltd, Songwon Chemicals Co. Ltd. and Songwon Baifu Chemicals (Tangshan) Co., Ltd., Songwon Additive Technologies - Middle East FZE, Polysys Additive Technologies – Middle East LLC and Chemservice Asia Co. Ltd.
Songnox and Songsorb are registered trade marks of Songwon Industrial Co., Ltd.
Songcat, Songcizer and Songstab are trade marks of Songwon Industrial Co., Ltd.
SABOSTAB is a registered trade mark of Sabo S.p.A.
Salient in Additives
Salient from the Latin Verb ‘salire’ to leap or leaping. As an adjective, meaning the most noticeable, prominent or important. Salient Songwon, leaping ahead in the world of Polymers; a prominent global supplier of chemical additives.
Editorial enquiries
Giulia Boratto
SONGWON Industrial Group
Kevin Noels
Marketing Solutions NV