13 Nov 2015
Songwon Industrial Group releases Financial Results for Q3/2015
Ulsan, Korea - November 13, 2015 - Songwon Industrial Group (www.songwon.com) has published its financial results for Q3. In Q3/2015, gross profit amounted to 39,898 Mil. KRW with sales totaling 173,897 Mil. KRW, an increase of 5.5% over Q3/2014. The gross profit margin rose to 22.9% and the Group reported an 87.5% increase in EBITDA (without consideration for one time items, 49.8%) compared to Q3/2014.
9 Sept 2015
Songwon extends its SONGNOX® PQ stabilizer range
Ulsan, Korea – September 9, 2015 – After being active in the market for over a year with its SONGNOX® PQ stabilizer, Songwon announced today that it has extended its product range in response to customers’ ever-expanding needs.
14 Aug 2015
Songwon Industrial Group releases Financial Results for Q2/2015
Ulsan, Korea – August 14, 2015 – Today, Songwon Industrial Group (www.songwon.com) released its financial results for Q2. The Group announced sales of 157,009 Mil. KRW and a gross profit margin of 20.3% for Q2 - an increase of 6.5% points compared to Q2/2014.
24 Jul 2015
Songwon announces global price increases for the entire range of Phenolic Antioxidants
Ulsan, Korea – July 24, 2015 – Songwon Industrial Co., Ltd. today announced a global price increase of 5% on the entire range of Phenolic Antioxidants.
8 Jun 2015
SONGWON launches new stabilizer solution for XPS at the AMI Masterbatch conference
Ulsan, Korea – June 8, 2015 – SONGWON will be launching its new SONGXTEND® 1301 stabilizer for XPS containing new polymeric flame retardants at the upcoming AMI Masterbatch conference in Cologne, Germany on June 9 -11, 2015.
15 May 2015
Songwon receives the 2015 Frost & Sullivan Product Line Strategy Leadership award
Ulsan, Korea – May 15, 2015 – Songwon Industrial Co., Ltd. (www.songwon.com) announces that it has received the 2015 Frost & Sullivan Best Practice Excellence Award for leadership in product line strategy.
15 May 2015
Songwon Industrial Group announces Financial Results for Q1/2015
Ulsan, Korea – May 15, 2015 – Songwon Industrial Group (www.songwon.com) today announced its financial results for Q1. The Group achieved sales of 157’045 Mil. KRW and a gross profit margin of 15.9% - an increase of 3.4% compared to the Q1/2014.
4 May 2015
Songwon enters into a joint venture with Qingdao Long Fortune Chemical & Auxiliary Co., Ltd. (QLF) in China
Ulsan, Korea - May 4, 2015 - Songwon Industrial Group (www.songwon.com) has signed a joint venture (JV) agreement with Qingdao Long Fortune Chemical & Auxiliary Co., Ltd. (QLF) for the production and sale of its One Pack Systems (OPS) and the sale of polymer stabilizers in China, one of the world’s largest and fastest growing polymer markets.
10 Mar 2015
Songwon announces further price increase on its Polymer Stabilizers in Japan
Ulsan, Korea - March 10, 2015 - Songwon Industrial Co., Ltd. announced today that it will implement an additional up to 20% price increase for its entire range of Polymer Stabilizers in Japan, effective April 15, 2015, or as contracts allow.
20 Nov 2014
Songwon announces global price increases for the majority of its polymer stabilizer range
Ulsan, Korea - November 20, 2014 - Songwon Industrial Co., Ltd. today announced a global price increase of 8% - 12% on a majority of its SONGNOX®, SONGSORB® and SONGXTEND™ product range of polymer stabilizers for the plastics industry.
14 Nov 2014
Songwon Industrial Group announces Financial Results for Q3/2014
Ulsan, Korea - November 14, 2014 - Songwon Industrial Group (www.songwon.com) today announced its audited financial results for Q3. The Group achieved sales of 164,868 Mil. KRW.
27 Oct 2014
Songwon increases price on its entire range of Polymer Stabilizers in Japan
Ulsan, Korea - October 27, 2014 - Songwon Industrial Co., Ltd. has announced a 15% price increase for its Polymer Stabilizers in Japan. The increase is effective November 15, 2014, or as contracts allow.
