19 Mar 2019
SONGWON presents expanded range of specialty chemicals for coatings at the European Coatings Show 2019
With a stand designed to give customers a personalized experience reflecting their needs, SONGWON Industrial Co., Ltd. is present again at the European Coatings Show 2019 (ECS) following its successful debut at the last show. The company is exhibiting a number of products for the first time, including two new stabilizers, an antioxidant and two ranges of functional monomers.
7 Mar 2019
SONGWON Industrial Group delivers a solid result for FY 2018
SONGWON Industrial Group (www.songwon.com) today released its financial results for FY2018. Sales continued to grow in Q4/2018 compared to Q4/2017 and contributed to the overall stable growth over the entire year. SONGWON’s overall consolidated sales revenues for FY 2018 totaled 788,738 Mil. KRW and marks an 8.8% increase over the previous year.
22 Jan 2019
SONGWON and RPC bpi nordfolien partner to produce sustainable packaging containing 50% recycled PE
SONGWON Industrial Co., Ltd. (www.songwon.com) proudly announces that it has become one of the first chemical companies in the world to package its products in 20kg PE-bags made with 50% recycled PE.
5 Dec 2018
SONGWON announces partnership with Disheng Technology Co., Ltd for UV Absorbers (UVAs)
SONGWON Industrial Co., Ltd. (www.songwon.com) announced today that it has entered a partnership with Disheng Technology Co., Ltd, located in Jiangsu Province, China for the production of some of its comprehensive range of UVA light stabilizers.
4 Dec 2018
SONGWON expands in-house production in Suwon, South Korea
A new production line at SONGWON’s site in Suwon, South Korea for the manufacture and distillation of SONGSORB® CS 400 UV stabilizer has become operational. With a total capacity of about 1’000 metric tons, it allows fully backward integrated in-house manufacture of SONGSORB® CS 400 at all stages from intermediate to finished product.
20 Nov 2018
SONGWON extends and enhances the value of its antioxidant product range
To strengthen and add value to its range of stabilizers for polyols and polyurethane, SONGWON has developed and launched a new antioxidant, SONGNOX® 5057.
14 Nov 2018
SONGWON Industrial Group releases Financial Results for Q3/2018
SONGWON Industrial Group (www.songwon.com) today released its financial results for the 3rd quarter of 2018. In Q3/2018, gross profit amounted to 42,974 Mil. KRW, with sales for the quarter totaling 204,403 Mil. KRW. Profit for the period rose over 2017 by 38.4%, and the Group announced a 12.6% EBITDA for the 3rd quarter of the year.
16 Aug 2018
SONGWON appoints Sea-Land Chemical Company as exclusive distributor for North America
SONGWON Industrial Co., Ltd. is pleased to announce that it has entered into an exclusive distributor agreement with Sea-Land Chemical Company. Under the terms of the agreement, which takes effect in August, Sea-Land will be the official distribution channel for SONGWON’s products for the market segments: industrial lubricants, transportation lubricants and grease in North America (USA, Canada & Mexico).
15 Aug 2018
SONGWON Industrial Group announces Financial Results for Q2/2018
SONGWON Industrial Group (www.songwon.com) today released its financial results for the second quarter of 2018. The Group achieved consolidated sales of 197,841 Mil. KRW and a gross profit margin of 18.1% (without impact from application of K-IFRS 1115: 19.4%) for Q2/2018 – marking a decrease of 5.5%pts (without impact from application of K-IFRS 1115: 4.2%pts) compared to Q2/2017. In the two quarters of the year, the Group realized consolidated sales of 388,313 Mil. KRW which is a 7.4% increase over the first six months of 2017 (361,707 Mil. KRW).
2 Aug 2018
SONGWON names Connell Brothers Company its exclusive distributor for fuel and lubricant additives in China
SONGWON has signed an exclusive distributor agreement with Connell Bros. ‒ the largest marketer & distributor of specialty chemicals and ingredients in the Asia-Pacific region. This further extends the relationship between the two companies, SONGWON having appointed Connell Bros. as its exclusive distributor in India in 2018. Under the terms of the agreement, which takes effect in August, Connell Bros. will be exclusively responsible for marketing and distributing SONGWON’s fuel and lubricant additives, which include aminic, phenolic, phosphite and thioester antioxidants, throughout China.
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.
