Songwon focuses on local customer support with Caldic as new distribution partner for France and the Benelux

Ulsan, Korea – January 27, 2011 – Songwon, a global leader in the manufacture and delivery of additives for the plastics industry, has chosen Caldic as its distribution partner in France and the Benelux region. The new partnership took effect on January 1, 2011.

Caldic is a producer and key distributor of chemicals throughout Europe and Asia, and is active in the chemical, food products and technical materials markets. Caldic Belgium NV will serve customers in Belgium and Luxemburg, with Caldic Nederland B.V. and Caldic Spécialitiés SAS distributing within The Netherlands and France respectively.

Dieter Morath, Songwon’s Executive Vice President Sales, Member of the Group Executive Committee, stated: “At Songwon we are committed to continuously improving the quality of service to our customers. Choosing Caldic as our partner will allow us to increase the availability of both products and knowledge for our customers in France and the Benelux region. We will also be able to deliver with greater security, in line with our promise to add value by ensuring the best possible response times through proximity and readiness to serve.”

Xavier Batteux, General Manager Caldic Spécialités, France, recognizes that the European market needs a strong partner for additives in the plastics industry. He commented: “I strongly believe that through our partnership with Songwon, we will be able to give an excellent added value to our customers active in the plastics, adhesives, coatings, lubricants and rubber market, that we already supply on a daily basis.”

Kris Van Severen, Business Manager Specialty Chemicals, Caldic Belgium, stated: “We have established a strong distribution foothold in Europe based on increasing our knowledge, expertise and resources in order to provide the best possible service to our customers. Caldic and Songwon share a very strong synergy at many levels and we are very excited that Songwon’s customers in France and the Benelux will now be able to benefit from the full breadth of our combined activities. Our goal is to continue adding value to the customers we serve with a key focus on flexibility and reliability.”

Caldic is active in 30 locations and has offices, warehouses, distribution centers and production facilities in 13 countries. With a focus on quality and customer care, Caldic will deliver Songwon products from an extensive and proven infrastructure as well as extending the range of offerings to customers.

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