Additives
The companies featured on PressReleaseFinder are active in several industries.
5 Sept 2013
Songwon demonstrates environmental stewardship with its first Sustainability Report
Ulsan, Korea - September 5, 2013 - Songwon Industrial Group (www.songwon.com) is pleased to announce it has completed its first Sustainability Report. The Songwon Sustainability Report is an organizational report that gives information about economic, environmental, social and governance performance and is part of a systematic sustainability reporting initiative that gives comparable data, with agreed disclosures and metrics.
22 Aug 2013
Songwon Industrial Group announces stable gross profit development for first half of 2013
Key Developments
- Sales and gross profit margin remain stable despite challenging market conditions
- Gross profit for the first half year increases 2.4% to 65,570 Mil. KRW compared to the same period in 2012. The adjusted gross profit encompassing capacity variances is significantly higher than in prior half year (+9.5%)
- Net profit for the first half of 2013 at 8,240 Mil. KRW reflects the solid gross profit performance offset by a range of factors, including increased investments in the expansion of the Group and in performance improvement measures leading to higher SG&A expenses, unfavorable FX impacts as well as higher tax expenses due to expected increasing profits in Korea.
Muttenz, August 22, 2013 - Clariant, a world leader in specialty chemicals, today announced that its Business Unit Catalysts has signed long-term cooperation agreements with CB&I's Lummus Novolen Technology GmbH business unit. The two companies will combine and ramp up R&D efforts to develop improved polypropylene catalyst and donor technologies. When successful, existing and future Lummus Novolen licensees and other polypropylene producers will be supplied with the new catalyst developed by a new state-of-the-art Ziegler-Natta polypropylene catalyst production line.