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.

The facility is located in Khalifa Industrial Zone Abu Dhabi (Kizad), owned and managed by Abu Dhabi Ports – the master developer, operator and manager of ports in the Emirate. The new plant is dedicated to manufacturing One Pack Systems (OPS) − multicomponent, tailor made blends of additives in a pelletized form and then packaged in a clean, dust free environment, ready for shipping. With an initial capacity of 7’000 MT per annum, the manufacturing facility was specifically designed to allow for future expansion to meet the increasing demand for OPS products in the Middle East region and beyond.

“This region is one of the fastest growing markets for polyolefins and already a major consumer of OPS,” says Maurizio Butti, Chief Operating Officer, Songwon Industrial Co., Ltd. “With this new facility, Songwon is in a stronger position to better meet the needs of current and future customers in the Middle East. Now we are able to offer our customers the OPS products they demand combined with all the advantages and service of a leading global supplier, with 50 years’ experience in breakthrough solutions.”

Continuing, Hans Daniels, General Manager, Polysys Additive Technologies says: “Having a plant here allows us to take full advantage of Kizad’s unique location with its port facilities and infrastructure. It also establishes a very effective hub for supplying customers across the entire region.”

Commenting about the plant’s inauguration, Captain Mohamed Juma Al Shamisi, CEO of Abu Dhabi Ports, said: “We are pleased to be providing Polysys Additive Technologies with the platform to facilitate their business growth in the region. With excellent market access through Khalifa Port, the fastest growing port in the region, world class infrastructure, integrated clustering and dedicated support services, this new facility will cater to the growing polymer industry. By substituting import to region with locally manufactured products, Polysys Additive Technologies joins Abu Dhabi Ports’ efforts towards supporting Abu Dhabi’s economic diversification.”

The new facility is part of Polysys Additive Technologies Middle East (PAT ME), the company formed by the joint venture between Polysys Industries, Pan Gulf Holding and Songwon Industrial Group. Songwon has grown to become the second largest polymer stabilizer supplier in the world and its OPS products are readily available under the Songnox® OPS brand. With an unequaled portfolio of antioxidants and UV stabilizers in a full range of physical forms, it is fully backward integrated into key raw materials, thus providing the highest levels of quality consistency and security of supply to its customers.

The new Abu Dhabi facility is the latest addition to the company’s global OPS manufacturing capability and shares identical production technology as the two other plants located in Greiz, Germany and Houston, USA.

Reader enquiries

Songwon Industrial Co., Ltd.
Walzmühlestrasse 48
8500 Frauenfeld
Switzerland

+41 52 635 0000

marketing@songwon.com

www.songwon.com

Notes for editors

About Songwon Industrial Co., Ltd.

Songwon Industrial Co., Ltd. is the 2nd largest manufacturer of polymer stabilizers in the world with an almost 50 year history of breakthrough solutions. A leader in the development and production of additives and specialty chemicals, Songwon provides added-value products and innovative solutions to the plastics industry.

The company’s extensive product portfolio includes polymer stabilizers, alkylphenols and alkylcresols, PVC stabilizers, plasticizers, tin intermediates, polyurethanes, SAP and flocculants.

With headquarters in Ulsan, Korea, the Songwon Industrial Group comprises 19 companies including 2 joint ventures (JV) and 2 representative offices, located in 10 different countries on 3 continents. The company has 10 manufacturing facilities, 3 of which are located in Korea, and the others in Germany, China, USA, India, UAE, as well as 2 manufacturing JV plants in China, one of which is currently under construction. Songwon also has a worldwide network sales and customer service offices, logistics hubs and stocking distributors.

For more information, please go to: www.songwon.com.

About Abu Dhabi Ports

Established in 2006, Abu Dhabi Ports’ core objective is to facilitate the diversification of the economy by stimulating trade and development. This is done by delivering high quality maritime services, supporting partners’ infrastructure projects and setting up new companies and joint ventures in the ports and logistics sectors.

The flagship state-of-the -art Khalifa Port and Khalifa Industrial Zone play a big role, supporting the diversification of the economy. Khalifa Port was inaugurated on 12/12/12 by UAE President HH Sheikh Khalifa bin Zayed Al Nahyan. The port’s semi-automated container terminal handles all of Abu Dhabi’s container traffic, after its transfer from Zayed Port, the historic port in the city centre.

Phase One of Khalifa Port has a capacity of 2.5 million TEUs and 12 million tonnes of general cargo. Further phases of development will occur as market demand requires. When all phases are complete, Khalifa Port will be able to handle 15 million TEUs and 35 million tonnes of general cargo per year.

Abu Dhabi Ports manages nine commercial, logistics, community and leisure ports, and Khalifa Industrial Zone which is serving a range of logistics and manufacturing investors. Abu Dhabi Ports is boosting Abu Dhabi’s economic growth and diversification, following Abu Dhabi’s Economic Vision 2030.

For more information, please visit www.adports.ae.

Related images

From left to right: Mohamed Al Muhairi (Chairman of the Board of Polysys Industries LLC.), Hamdan Al Hamdan (Pan Gulf Holding Board Member), Captain Mohamed Al Shamisi (CEO ADPC and Chairman of Kizad), Rashid Al Shamsi (Chairman of GPCA),Hans Daniels (General Manager of PAT Middle East), Mana al Mulla (acting Executive Vice President of Kizad), Sameer Dabbas (CEO of Hadeed Emirates Contracting), Peter Schmitt-Freise (Global Business Manager OPS of Songwon).
(Photo: Songwon Industrial Co., Ltd.)

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