SONGWON
A leader in the development, production and supply of specialty chemicals, SONGWON’s products touch your life every day, everywhere. Since 1965, we’ve been driving innovation, partnering for progress and paving the way for a better more sustainable tomorrow with 360° customized solutions.
Headquartered in South Korea, SONGWON is one of the world’s leading manufacturers of polymer stabilizers. With Group companies and world-class manufacturing facilities across the globe, we are dedicated to providing customers in over 60 countries with high-performance products that meet their individual needs and the best levels of service.
Songwon Industrial Co., Ltd.Walzmühlestrasse 48
8500 Frauenfeld
Switzerland
13 Nov 2025
SONGWON Industrial Group announces Q3/2025 financial results
SONGWON Industrial Group today released its financial results for the 3rd quarter of 2025. During Q3/2025, the Group achieved consolidated sales of 258,616 million KRW, marking a -9.5% decline in revenue over sales recorded in the same quarter of the previous year of 285,779 million KRW. SONGWON reported a gross profit margin of 13.6% (Q3/2024: 17.6%) and a net profit of 1,697 million KRW.
8 Oct 2025
SONGWON strengthens OPS leadership with major investment in KSA
Songwon Industrial Co., Ltd., one of the world’s largest manufacturers of polymer stabilizers, has announced a major new investment to establish a state-of-the-art OPS (One Pack Systems) production facility in the Kingdom of Saudi Arabia (KSA). This greenfield investment project underlines SONGWON’s global strategy to strengthen its position in the polyolefin industry and deliver high-quality, locally manufactured OPS products to its KSA customers with shorter lead times.
8 Oct 2025
SONGWON K 2025 press kit
Visit SONGWON at Hall 6, Booth B07 during K 2025. Under its “WE CARE” campaign, SONGWON will be demonstrating its commitment to sustainability, regulatory stewardship and to how it turns this dedication into practical solutions that support customers meet today’s industry challenges.
1 Oct 2025
SONGWON presents its sustainability-driven progress at K 2025
At K 2025, Songwon Industrial Co., Ltd., one of the world’s largest manufacturers of polymer stabilizers and a leading global player in specialty chemicals, will be highlighting its focus on sustainability as an integral part of its long-term strategy and showcasing a range of solutions that contribute to a greener, more sustainable world.
11 Sep 2025
SONGWON showcases its forward-oriented innovations and approach at K 2025
Songwon Industrial Co., Ltd., recognized globally as a leader in polymer stabilization and specialty chemistry, will present its comprehensive portfolio of high-performance, forward-looking solutions at K 2025 and its continued investment in the future of the global chemical industry.
13 Aug 2025
SONGWON Industrial Group announces Q2/2025 Financial Results
Today, SONGWON Industrial Group published its Q2 and HY financial results for the 2025 financial year. Over the quarter, the Group achieved consolidated sales of 265,408 million KRW, marking a decrease in revenue of 3.0% over the same quarter of the previous year (Q2/2024: 273,521 million KRW). Year-to-date (YTD), the Group generated consolidated sales of 541,161 million KRW, representing an increase of 2.2% over YTD June 2024 (529,273 million KRW). Impacted by ongoing margin pressure and increased labor costs following a court decision in Korea earlier in the year, SONGWON recorded a loss of 1,481 million KRW in Q2/2025 and a profit of 3,376 million KRW for H1/2025, down from 10,575 million KRW and 17,237 million KRW, respectively, in the corresponding periods of the previous year. The Group achieved a gross profit margin of 14.6% in Q2/2025 and 14.7% in H1/2025.
12 Aug 2025
SONGWON expands partnership with Biesterfeld across Southeastern Europe
Songwon Industrial Co., Ltd. announced today that it has expanded its longstanding partnership with Biesterfeld Spezialchemie GmbH.
10 Jul 2025
SONGWON highlights its long-standing commitment to customers at K 2025
Songwon Industrial Co., Ltd., one of the world’s leading manufacturers of polymer stabilizers and a key global player in specialty chemicals, highlights its commitment to the industry and customers at K2025.
1 Jul 2025
SONGWON appoints new Leader Business Unit Tin Intermediates / PVC
Songwon Industrial Co., Ltd. is pleased to announce that Jaewon Choi has been appointed the new Leader Business Unit Tin Intermediates / PVC, effective July 1st, 2025.
13 May 2025
SONGWON Industrial Group releases Q1/2025 financial results
SONGWON Industrial Group today released its financial results for the 1st quarter of 2025. The Group reported an increase in revenue of 7.8% in Q1/2025 (275,753 Million KRW) compared to sales generated in Q1/2024 (255,752 Million KRW). In the first 3 months of 2025, SONGWON delivered a gross profit of 40,743 Million KRW, marking an increase of 4.1% when compared to the gross profit achieved in the same period of the previous year (Q1/2024: 39,134 Million KRW). Net profit in Q1/2025 was 4,857 Million KRW, down from 6,662 million KRW in Q1/2024, primarily due to elevated labor costs following a recent court ruling in Korea that impacted companies operating in the country, as well as ongoing margin pressure.
24 Apr 2025
SONGWON appoints new CFO
Songwon Industrial Co., Ltd. announces the completion of a planned CFO succession, effective April 1st, 2025.
5 Mar 2025
SONGWON announces FY2024 financial results
SONGWON Industrial Group today reported its financial results for FY 2024. The Group achieved revenues of 255,148 Million KRW in the 4th quarter of 2024, 3.8% higher than revenues achieved in the final quarter of 2023. (Q4/2023: 245,709 Million KRW). In Q4/2024, the Group achieved a net profit of 16,359 Million KRW, 465.5% higher than the prior-year quarter (Q4/2023: 2,893 Million KRW). SONGWON recorded a gross profit margin of 16.6% in Q4/2024, representing a 5.0%-point increase compared to the gross profit margin in Q4/2023 (11.6%). SONGWON reported strong consolidated sales of 1,070,200 Million KRW in FY2024, a 3.9% rise when compared to FY2023 (1,029,975 Million KRW) and a gross profit margin of 16.5% (FY 2023: 14.6%). SONGWON ended FY/2024 with a net profit of 45,088 Million KRW, 29.4% higher than the previous year (FY2023: 34,847 Million KRW).
