13 May 2016
Songwon Industrial Group announces Financial Results for Q1/2016
Ulsan, Korea – May 13, 2016 – Songwon Industrial Group (www.songwon.com) today reported its audited financial results for Q1/2016. The Group achieved sales of 183,074 Mil. KRW. When compared to sales in Q1/2015 (Mil. KRW 157,045), revenue increased by 16.6%.
4 May 2016
Songwon expands its offering for the industrial lubricants industry
Ulsan, Korea – May 4, 2016 – Songwon Industrial Co., Ltd., announced today that it is extending its product offering to meet the growing needs of the industrial lubricants market.
25 Apr 2016
Songwon demonstrates industry commitment at Chinaplas 2016
Ulsan, Korea – April 25, 2016 – Songwon Industrial Group, the 2nd largest manufacturer of polymer stabilizers in the world, supports its aim to become a leading stabilizer supplier to the Chinese plastics industry by exhibiting at Chinaplas 2016 – the largest trade fair for plastics in Asia, taking place this year in Shanghai from April 25-28.
22 Apr 2016
Songwon announces price increases for SONGNOX® 1010 and its blends
Ulsan, Korea – April 22, 2016 – Songwon Industrial Co., Ltd. today announced price increases up to 10% on SONGNOX® 1010 and its blends.
31 Mar 2016
Songwon underlines its commitment to China’s polymer industry at Chinaplas 2016
Ulsan, Korea – March 31, 2016 – Songwon Industrial Group (www.songwon.com), the 2nd largest manufacturer of polymer stabilizers in the world, will be showcasing its high-performance solutions at Chinaplas 2016, together with its Joint Venture (JV) partners, Songwon Baifu – a global leader in thioesters and Qingdao Long Fortune Chemical & Auxiliary Co., Ltd. – a leading stabilizer supplier with a superb reputation among all the major polyolefin manufacturers in China.
22 Mar 2016
Songwon Industrial Group expands its Board of Directors
Ulsan, Korea – March 22, 2016 – Songwon Industrial Co., Ltd. today announced the election of its Board of Directors (BOD), and reported that the number of directors on the Board has been increased from four to seven.
10 Mar 2016
Songwon Industrial Group concludes FY 2015 with stable growth and positive financial results
Ulsan, Korea – March 10, 2016 – Songwon Industrial Group (www.songwon.com) today reported its financial results for FY2015. Sales and profits continued to grow in Q4/2015 and contributed to the overall stable growth for the full year. In Q4, Songwon achieved sales revenues of 166,470 Mil. KRW, an increase of 1.0% over Q4/2014.
5 Feb 2016
Songwon announces price increases for Organo Tin Intermediates
Ulsan, Korea – February 5, 2016 – Songwon Industrial Co., Ltd. today announced price increases up to 15% on its entire range of Organo Tin Intermediates, including SONGCAT® DOTO and SONGCAT® DBTO used in Japan’s PVC-stabilizer and Coating industries.
22 Jan 2016
Songwon’s new manufacturing plant in Kizad, Abu Dhabi operational
Abu Dhabi, UAE – January 22, 2016 – Songwon Industrial Co., Ltd., today announced that the new state-of-the-art joint venture manufacturing plant in Abu Dhabi is now operational.
16 Dec 2015
Songwon appoints Depotchem as exclusive distributor for Israel
Ulsan, Korea – December 16, 2015 – Songwon Industrial Co., Ltd. announced today that Depotchem Amgal Ltd., a leader in the distribution of chemicals and raw materials, will be its exclusive distributor for Israel from January 1, 2016.
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.
