29 Jun 2018
SONGWON announces global price increases for its polymer stabilizers
SONGWON Industrial Co., Ltd. announced today that prices for its polymer stabilizers products will be raised by up to 15%.
13 Jun 2018
SONGWON underlines commitment to packaging industry and presents new ink binders and adhesives at ProPak
SONGWON Industrial Group is exhibiting its expanding range of ink binders and adhesives at ProPak, Asia’s number one show for food, drink & pharmaceutical processing and packaging. A leading specialist in polyurethane ink binder technology for gravure and flexography printing inks and polyurethane laminating adhesives used in flexible packaging laminates, SONGWON will showcase its latest high-performance products and solutions.
18 May 2018
SONGWON further extends its antioxidant range for fuels and lubricants with the launch of SONGNOX® L570 at the STLE Annual Meeting & Exhibition
Following its successful debut at the Annual Meeting & Exhibition of the Society of Tribologists and Lubrication Engineers (STLE) in 2017, SONGWON will once again be present this year. The company will be introducing the latest addition to its range of antioxidants for fuels and lubricants. SONGNOX® L570 complements SONGWON’s broad aminic, phenol, phosphite and thioester antioxidant product range, further extending its breadth and depth.
16 May 2018
SONGWON Industrial Group releases Q1/2018 Financial Results
SONGWON Industrial Group (www.songwon.com) today released its audited financial results for the first quarter of 2018, ended March 31, 2018. Recording a positive start to the year, the Group achieved sales of 190,472 Mil. KRW, marking an increase in revenue of 8.9% when compared to sales in Q1 of the previous year (Mil. KRW 174,965). During Q1/2018, EBITDA and EBIT margins increased to 12.4% and to 8.1% respectively.
15 May 2018
SONGWON enters distribution agreement with Bodo Möller Chemie Russia LLC
SONGWON Industrial Co., Ltd. announced today that it has signed an exclusive distribution agreement with Bodo Möller Chemie Russia LLC. Effective from May 1, 2018, Bodo Möller Chemie Russia LLC will exclusively distribute SONGWON’s comprehensive range of polymer stabilizers in Russia, Belarus, Ukraine & Kazakhstan.
24 Apr 2018
SONGWON reiterates its commitment to the Chinese plastics industry at Chinaplas 2018
SONGWON Industrial Group, the second largest manufacturer of polymer stabilizers in the world, is once again exhibiting at this year’s Chinaplas in Shanghai, China (Stand J45 in Hall 8.2H). The company will be showcasing its solutions designed to match industry needs, including light and heat stabilizers, antioxidants, thermoplastic polyurethanes, PVC stabilizers and plasticizers.
10 Apr 2018
SONGWON demonstrates commitment to the North American coatings industry
For the first time, SONGWON Industrial Co., Ltd. is present at the American Coatings Show (ACS), showcasing its latest high performance solutions.
26 Mar 2018
SONGWON Industrial Group reports strong sales performance in FY 2017
SONGWON Industrial Group (www.songwon.com) today reported its financial results for FY2017. In Q4/2017 ended December 31, 2017, sales continued to grow and SONGWON achieved consolidated revenues of 724.9 Billion KRW with a 4.4% increase year-over-year. Although not reaching the same level as the previous year, the results in 2017 were achieved in a far more challenging environment, demonstrating SONGWON’s resilience and ability to continue to deliver a good performance.
20 Mar 2018
SONGWON begins large scale manufacture of functional monomers in Ulsan, South Korea
Having started to develop functional monomers about two years ago, SONGWON has now begun bulk manufacture at its production site in Ulsan, South Korea. These monomers provide resins and polymers with special functions, one of the most important being improvement of the physical and chemical properties of the final product. Applications include resins, sealants, adhesives and engineering plastics designed for use in coatings, the automotive sector and electronic packaging.
7 Feb 2018
SONGWON starts production of SONGNOX® 5650 at its plant in India
To ensure the availability of SONGNOX® 5650 worldwide, SONGWON has started to manufacture the product at its Panoli plant in Gujarat, India.
1 Feb 2018
SONGWON signs exclusive distributorship with Connell Bros. Co. for India
SONGWON Industrial Co., Ltd., the second largest manufacturer of polymer stabilizers in the world has signed an exclusive distributorship agreement in India with Connell Brothers, the largest marketer & distributor of specialty chemicals and ingredients in the Asia-Pacific region.
27 Nov 2017
SONGWON announces global price increases for its polymer stabilizers
Ulsan, South Korea – November 27, 2017 – SONGWON is raising the price of the majority of its polymer stabilizers.
