Additives
The companies featured on PressReleaseFinder are active in several industries.
13 Aug 2021
SONGWON Industrial Group announces solid Financial Results for Q2/2021
Today, SONGWON Industrial Group published its audited Q2 and half-year financial results for the 2021 financial year. Over the quarter, the Group achieved consolidated sales of 232,091 Million KRW marking a 17.1% increase in revenue over the same quarter of the previous year. Year-to-date (YTD), the Group realized consolidated sales of 454,578 Million KRW, representing an 11.2% rise over YTD June 2020 (408,688 Million KRW), and recorded a net profit of 24,137 Million KRW delivering a 45.4% increase over the same reporting period in the previous year (YTD June 2020: 16,604 Million KRW). In addition, the Group’s gross profit margin achieved in Q2/2021 was 22.5% and YTD 22.0% reflecting an increase of 1.4%-points and 1.6%-points over the prior year comparable period.
15 Jul 2021
Clariant’s new collaborative innovation center supports North America’s paints & coatings industry ‘Beyond Color’
Clariant announces a new collaborative innovation center to support North America’s paints and coatings industry in meeting the challenges of emerging trends, increasing performance requirements, and meeting sustainability needs.
Songwon Industrial Co., Ltd. announced today that it has expanded its distribution partnership with MegaChem. Since September 2019, MegaChem has been the exclusive distributor of SONGWON’s antioxidants for fuels and lubricants in the ASEAN region. On the back of the success in these countries, SONGWON has extended MegaChem’s coverage to include Australia and New Zealand (ANZ).
Effective immediately, Clariant will increase the prices of its additives by up to 25%.
ELIX Polymers, a global leader in specialised styrene-based thermoplastics, has included all of its Circular Economy activities under the new brand name, E-LOOP, which was launched successfully last February. The E-LOOP brand includes two strategic programmes of ELIX Sustainable Portfolio Solutions: Circular Plastics and Responsible Innovation.