SONGWON expands functional monomer range

SONGWON expands functional monomer range.
(Photo: Songwon Industrial Co., Ltd.)
As announced at the European Coatings Show (ECS) this year, SONGWON is further developing and expanding its range of bisphenol (BP) monomers and dicyclopentadiene (DCPD) phenol resins. High-purity BP-Z crystalline bisphenol and tetramethyl (modified) bisphenol (TMBP) are now being produced on an industrial scale, while the dicyclopentadiene epoxy resin modifier range ERM-6100, introduced at the ECS, is already well established in the market and being used, for example, in specialty resins in Asia.

SONGWON continues to strengthen its in-house sustainability efforts

SONGWON continues to strengthen its in-house sustainability efforts.
(Photo: Songwon Industrial Co., Ltd.)
SONGWON Industrial Co., Ltd. (www.songwon.com) today reported some of its successful in-house sustainability efforts relating to both energy conservation and efficiency, and emphasized its commitment to the environment across the organization.

SONGWON partners with Uniwel to enhance PVC stabilizer business

JiangSu Uniwel Chemistry Co., Ltd. headquarters.
(Photo: Songwon Industrial Co., Ltd.)
Songwon Industrial Co., Ltd., the second largest manufacturer of polymer stabilizers in the world and a key global player in the polyvinyl chloride (PVC) stabilizer industry since 1965, has entered into a strategic co-operation agreement with JiangSu Uniwel Chemistry Co., Ltd., effective as of July 2019, to meet the ever-increasing need for PVC stabilizers. Both SONGWON and Uniwel will develop and manufacture the products, which will be sold under the companies’ respective brand names.

SONGWON Industrial Group announces Financial Results for Q3/2019

SONGWON Industrial Group (www.songwon.com) today released its financial results for the third quarter of 2019. In Q3/2019, the Group achieved sales of 208,388 Mil. KRW marking a 1.9% increase in revenue over sales recorded in the same quarter of the previous year (204,403 Mil. KRW), however, the Group reported a decline in its gross profit margin in Q3 to 19,7%. Comparing the YTD September 2018 consolidated sales (592,716 Mil. KRW), SONGWON saw a 4.1% increase in its YTD September 2019 consolidated sales (617,272 Mil. KRW) and a decrease in net profit of 12% (28,905 Mil. KRW).

SONGWON underlines its continued commitment to the coatings industry

SONGWON underlines its continued commitment to the coatings industry.
(Photo: Songwon Industrial Co., Ltd.)
SONGWON Industrial Group (www.songwon.com), the 2nd largest manufacturer of polymer stabilizers in the world, highlights the strengthening of its commitment to the coatings industry. With the start-up of its Technical Service Coating Lab at its world-class manufacturing facility, Maeam in South Korea, SONGWON now has all the necessary devices, tools and stations for both powder and liquid coating applications. Located next to SONGWON’s R&D headquarters and Global Application Community, means that the organization can take advantage of the innovation synergy. With several newly added weathering devices, SONGWON is fully equipped to support customers develop and find solutions to formulation issues relating to UV and temperature stabilization, as well as UV curing.

SONGWON highlights its sustainability focus at K2019

With small pragmatic steps, SONGWON seeks to become a sustainability-focused leading player in specialty chemicals.
(Photo: Songwon Industrial Co., Ltd.)
Songwon Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world and a key global specialty chemicals player will be showcasing its sustainable solutions and highlighting its focus on sustainability and positioning as an enabler of circularity during K2019.

SONGWON demonstrates industry commitment & unveils new solutions at K2019

With their synergistic effects, SONGWON’s flame retardants are designed to provide high performance and competitive advantages in a broad range of applications.
(Photo: Songwon Industrial Co., Ltd.)
Songwon Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world and a key global specialty chemicals player will be showcasing its broad portfolio of high-performance solutions and launching its new range of flame-retardants. The industry leader will also be underlining its commitment to its strategy of creating value and contributing to advancement in the plastics industry.

SONGWON to launch new family of flame-retardants & showcase the strength of its overall strategy

SONGWON is ready to launch the latest addition to its already extensive portfolio of high-performance solutions – a new family of flame-retardant synergists and reinforcing its commitment to supporting the transition to a circular economy.
(Photo: Songwon Industrial Co., Ltd.)
Songwon Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world and a key global specialty chemicals player will be highlighting the success of its corporate strategy and its innovation strength when it launches an entire new family of flame-retardant synergists at K 2019.

SONGWON signs exclusive agreement for distribution of antioxidants for fuels and lubricant additives in ASEAN

Megachem, a leading worldwide distributor, will be responsible for supplying SONGWON antioxidants for fuels and lubricants in countries belonging to the Association of Southeast Asian Nations (ASEAN).

SONGWON deeply saddened by unexpected death of CEO Maurizio Butti

SONGWON deeply saddened by unexpected death of CEO Maurizio Butti.
(Photo: Songwon Industrial Co., Ltd.)The Board of Directors of SONGWON Industrial Group announced today, with deep sadness, the unexpected death of the company’s CEO, Maurizio Butti on Saturday, September 7th, 2019.

SONGWON Industrial Group releases Financial Results for Q2/2019

Today, SONGWON Industrial Group (www.songwon.com) released its financial results for the second quarter of 2019. The Group reported consolidated sales of 218,467 Mil. KRW, marking a 10.4% increase and also an increased net profit margin of 5.9% for Q2. For the first half of the year, the Group realized consolidated sales of 408,884 Mil. KRW, which is a 5.3% increase, compared to the first six months of 2018 (388,313 Mil. KRW).

Songwon International-Americas sets up distribution network for the coatings market

Songwon International-Americas sets up distribution network for the coatings market. (Photo: Songwon Industrial Co., Ltd.)Songwon International-Americas, Inc. has signed an exclusive agreement with a new distribution network in the United States, which includes Trans Western Chemicals (west coast), Chem-Materials (mid-west/southeast) and Callahan Chemical Company (northeast). Now fully operational, the network is supplying SONGWON’s complete line of UV absorbers, HALS, photoinitiators, and antioxidants for the coatings, inks and related markets in the respective regions within the US.

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