European customers can count on Songwon for security of supply from their new warehouse in Antwerp

Ulsan, Korea – March 12, 2009 – Songwon’s target is to become the partner of choice for its customer by always providing the optimum solution. This has led Songwon to providing dedicated extensive warehousing facilities and a packaging line at one of the most important distribution points in Europe.

Working together with ADPO (Antwerp Distribution & Products Operations), an expert with more than 20 years experience in integrated distribution systems for the chemical industry, Songwon has secured a dedicated packaging line and inventory space to meet customers’ current requirements with an option to extend this to meet future growth, not only for solid products, but also liquids materials which is one of the areas of expertise that ADPO provides.

This new facility is a continuation of Songwon’s quest to provide best in class logistic solutions. Songwon already has dedicated warehousing for customers throughout North America as well as Central and South America. This initiative allows Songwon not only to effectively manage both production planning and supply but also the increasingly important role of logistics, helping to contain rising costs as well as having a positive environmental impact.

“Adding warehouse and packaging capacity in Antwerp was a logical step in order to maintain our leadership position and continue to meet our commitments to supply chain security for our European customers,” stated Dieter Morath, Executive Vice President EMEA. ”Our customer can rely on us to deliver the volumes they require with the option of just in time supply. We will continue to match our extensive product range with services that add value, in this case by providing fast, secure and cost effective logistic solutions. In doing this we have taken one step closer to meeting our goal of zero defects.”

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