19 Apr 2010
Songwon extends its additives manufacturing and customer support capabilities in China for Songnox antioxidant products
Ulsan, Korea – April 19, 2010 – Songwon Industrial Co., Ltd. and Tangshan Baifu Chemical Ltd. announce their intention to form a joint venture to manufacture and sell Thioester antioxidants. The two companies have signed a Memorandum of Understanding whereby Songwon shall take an initial stake of 30% in Tangshan Baifu Chemical Ltd. with the option to extend its share to up to 50% at a later date.
15 Apr 2010
Songwon builds a firm foundation in China creating a series of wholly owned entities and preparing the way for future JV’s to meet customer demands
Ulsan, Korea – April 15, 2010 – Songwon, a leading additives supplier to the polymer industry, announces a new business structure for China which will be effective in the second quarter of 2010 and will create the foundation from which Songwon will continue to build its presence and customer relationships in China. The new structure will be based on Songwon China Limited, a wholly owned entity of Songwon Industrial Co., Ltd. Songwon China Limited will be based in Hong Kong and will form the cornerstone from which other Songwon entities and JV’s will be established.
13 Apr 2010
Songwon strengthens its support to customers in the UK and Ireland additives market
Ulsan, Korea – April 13, 2010 – In line with its commitment to providing customers with continuous improvement in service, Songwon Industrial Co. Ltd. is pleased to announce the appointment of Elastomerics Ltd. as the disitributor for the United Kingdom and Ireland, of its polymers stabilizers portfolio which are used both in polymer manufacturing and in the prime and recycling processing of polymers.
18 Mar 2010
At Chinaplas 2010, Songwon will demonstrate it’s leadership as a global supplier of Polymer additives and will announce a series of new major initiatives in China
Ulsan, Korea – March 18, 2010 – Songwon Industrial, a leading, global developer and manufacturer of polymer additives, will demonstrate its continued commitment to meeting the rapidly increasing needs and importance of its customers in China at the Chinaplas tradeshow in Shanghai on 19 - 22 April, 2010. Songwon can be found on stand number: W3L61.
15 Feb 2010
Songwon announces global price increases for its range of Plastic Additives
Ulsan, Korea – February 15, 2010 – Songwon Industrial, a leading developer and manufacturer of polymer additives, will increase global prices of its Songnox® antioxidants, Songlight® and Songsorb® UV stabilizers, Songstab acid scavengers as well as of its range of aminic antioxidants between 5 and 15% effective on orders received on or after April 1, 2010, or as contracts allow.
21 Jan 2010
Songwon Group improves positive results in Q3 following two previous strong quarters in 2009
Ulsan, Korea – January 21, 2010
• Songwon’s Q3 2009 results continued on a positive trend, although the market is yet to show signs of a full recovery and the overall economical situation remains uncertain. Songwon Group achieves a net profit of 8.9 Billion KRW for Q3 2009 and of 22.4 Billion KRW for the first 9 months of 2009.
• Songwon established its local presence in the Middle East as part of its focus on extending its geographical coverage.
• Service, cost competitiveness, product range extension and safety remain key priorities.
24 Nov 2009
Songwon appoints new Sales Director for the Middle East and Africa
Ulsan, Korea – November 24, 2009 – Songwon Industrial Co. Ltd., a global leader in polymer additives, announces that Peter Fleming has been appointed Sales Director, Middle East and Africa.
24 Nov 2009
Songwon strengthens its presence in the Middle East and Africa
Ulsan, Korea – November 24, 2009 – Songwon Industrial Co. Ltd., a global leader in polymer additives, is pleased to announce the opening of its headquarters for the Middle East and Africa in Bahrain. The opening of the Songwon Industrial Company Limited – Representative Office follows the recent establishment of Songwon’s local warehouse facilities, also in Bahrain. The new regional facility will be lead by Mr. Peter Fleming who has been nominated Sales Director Middle East and Africa.
1 Aug 2009
Songwon appoints Üçgen Pigmentler ve Polimer Katkıları Tic. Ve San. Ltd. Şti. as their exclusive distributor in Turkey
Istanbul, Turkey – August, 2009 – In order to expand their sales network in Turkey, Songwon, is pleased to announce an exclusive agency and distribution agreement with Üçgen Ltd. Şti. This is another step in providing the best possible customer service and follows the additions of Banbury Chemicals Ltd. for South Africa, SUN ACE Australia Pty. Ltd. for Australia and BPC Chemical Technologies for the Russian Federation, Ukraine, Belarus and CIS countries.
18 Jun 2009
Songwon announces the start up of its new isobutylene facility
Ulsan, Korea – June 18, 2009 – Songwon Industrial Co. Ltd. is pleased to announce that its new $20 Million isobutylene (IBL) production facility, located at the Maeam site in South Korea, has been successfully commissioned and is now fully in production.
