19 Nov 2012
Songwon to present “The Role of Stabilizers and Solutions in the Design of New and Recycled Materials for the Automotive Industry” at the 6th China Auto Plastics Summit
Ulsan, Korea – November 19, 2012 – At The 6th International Auto Plastics and Innovative Materials Development Forum, which will take place on the 28th and 29th of November in Cangzhou, China, Songwon Industrial Co., Ltd. (www.songwon.com), the global number two manufacturer and supplier of polymer additives, will showcase its extensive portfolio of products that help the auto industry’s meet their needs for performance and sustainability.
12 Nov 2012
Songwon Industrial Group announces a solid financial performance in Q3 2012
Ulsan, Korea – November 12, 2012 – Songwon Industrial Group (www.songwon.com), the second largest manufacturer of polymer stabilizers in the world and a leading global producer and supplier of additives and other chemicals to the plastic industry, announces total sales revenues of 528’044 Mil. KRW for the first nine months of 2012 and a net profit after tax of 16’466 Mil. KRW (3.1% of sales), of which 5’697 Mil. KRW was contributed in Q3 2012. Compared to the same period in 2011 (annualized figures), in the first nine months of 2012 Songwon Group has achieved a sales growth rate of 11.9%, a gross profit growth rate of 46%, while the net profit jumped 118%.
16 Oct 2012
Songwon, Pan Gulf and Polysys form Songwon Additive Technologies AG for global manufacture and sale of Songnox® OPS
Ulsan, Korea - October 16, 2012 - Today, Songwon Industrial Group, Pan Gulf Holdings of Saudi Arabia and Polysys Industries of Abu Dhabi proudly announce the establishment of their Joint Venture, Songwon Additive Technologies AG, for the manufacture and sale of Songnox® OPS. This follows the signature of a Memorandum of Understanding (MoU) among the three partners announced on December 14, 2011. (Link to the press release).
10 Oct 2012
Songwon and Sabo join forces to establish a global presence for Light Stabilizers for the Polymer Industry
Ulsan, Korea - October 10, 2012 - Songwon is pleased to announce it has entered into long term distribution arrangements with Sabo SpA representing a further milestone in its long-term strategic ambition to be a leading supplier of polymer stabilizer solutions to the global polymer industry. Sabo SpA, based in Levate, Italy, is a leading producer of monomeric and polymeric HALS (Hindered Amine Light Stabilizer) and enjoys a reputation as a supplier of high quality products and a provider of innovative solutions.
4 Oct 2012
Songwon announces completion of One Pack Systems capacity increase at its facility in Greiz, Germany
Ulsan, Korea - October 4, 2012 - Today, Songwon Industrial Co., Ltd. has announced it has completed the capacity expansion of its OPS (One Pack Systems) production facility in Greiz, Germany. The capacity expansion project was completed on time, and doubles the current production capacity of Songnox® OPS products from 7.000 metric tons to 14.000 metric tons.
2 Oct 2012
Songwon launches a new website that reflects its consolidated market approach and corporate strategy for continued growth
Ulsan, Korea - October 2, 2012 - As part of Songwon's commitment to provide customers with excellent service across the globe, the company launched on October 1, 2012, its completely new and significantly extended website - www.songwon.com.
28 Sept 2012
Songwon announces expansion of DOTO manufacturing capacity
Ulsan, Korea - September 28, 2012 - Songwon Industrial Group is announcing the expansion of DOTO (Di-n-Octyltin Oxide) production capacity by 60% at its Ulsan (Korea) manufacturing facility with the project completion expected mid 2013. The new DOTO capacity will come at the expense of a reduction in DBTO (Di-n-Butyltin Oxide) capacity. Beyond the current project, Songwon is planning additional DOTO capacity to support future market needs.
27 Sept 2012
Songwon to cease production of Tin Agrochemicals Songcat™ FENBUTAN and Songcat™ CYTIN
Ulsan, Korea - September 27, 2012 - Songwon Industrial Co., Ltd. will discontinue the manufacture of Tin Agrochemicals at its Ulsan (Korea) facility from January 1, 2013 onwards. The products affected will be raw materials used in the production of Organotin Agrochemicals that prevent disease of mites on apples, pears, grapes and oranges, vegetables and other crops.
20 Sept 2012
Songwon to present paper on High Heat, Low Emission Stabilizers at Innoplast Conference in Las Vegas
Ulsan, Korea - September 20, 2012 - At the upcoming InnoPlast Conference "Plastics Modification Technologies via Additives, Compounding, Coatings & Processing", Songwon will present a paper entitled "Substantial Improvements in the Thermal Stability of Thick-Section PP Parts using a Low Emissions Stabilizer". The conference will take place in Las Vegas, USA, from October 17 - 19.
28 Aug 2012
Songwon customers to benefit from a new Regulatory Affairs Newsletter
Ulsan, Korea - August 28, 2012 - Songwon Industrial Co., Ltd. is upgrading its monthly REACH Newsletter that informs customers of the status of chemical products and how they are affected by regulations. From now onwards, Songwon's Regulatory Affairs Newsletter will allow customers access to timely updates on important information that covers legislation and regulatory trends on a global scale.
21 Jun 2012
Songwon continues building a robust organization in the Middle East and Africa with the appointment of Anas Nowarah in a leadership position
Ulsan, Korea - June 21, 2012 - Songwon Industrial Co. Ltd., the global number two supplier of polymer additives, is pleased to announce that Anas Nowarah has been appointed to the position of Sales, Technical Service & Marketing Manager for the Middle East & Africa region, effective July 1, 2012.
27 Apr 2012
Songwon announces global price increases for its range of Plastic Additives
Ulsan, Korea – April 27, 2012 – Songwon Industrial Group, 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 by 8% effective on orders invoiced on or after June 1, 2012, or as contracts allow. This price increase is necessary to recover raw material cost increases and support continued investment in reliable supply.
