Additives


SONGWON appoints new Leader Business Unit Tin Intermediates / PVC

SONGWON appoints new Leader Business Unit Tin Intermediates / PVC.
(Photo: Songwon Industrial Co., Ltd.)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.

Palsgaard introduces Einar® 987 anti-fouling additive for the PE and PP polymerisation process as a safer alternative to ethoxylated amines

Palsgaard introduces Einar® 987 anti-fouling additive for the PE and PP polymerisation process as a safer alternative to ethoxylated amines. (Photo: Palsgaard A/S)Palsgaard A/S, a leader in plant-based additives for the plastics industry, has introduced a safe, sustainable anti-fouling additive for the polypropylene and polyethylene polymerisation process. Developed from renewable raw materials, the food-grade additive Einar® 987 has been developed to address concerns about the ethoxylated amine (EA) chemistry currently used.

SONGWON Industrial Group releases Q1/2025 financial results

SONGWONSONGWON 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. 

SONGWON appoints new CFO

SONGWON appoints new CFO.
(Photo: Songwon Industrial Co., Ltd.)Songwon Industrial Co., Ltd. announces the completion of a planned CFO succession, effective April 1st, 2025.

SONGWON presents advanced coatings stabilizers at ECS 2025

SONGWON presents advanced coatings stabilizers at ECS 2025.
(Photo: Songwon Industrial Co., Ltd.)Songwon Industrial Co., Ltd., one of the largest manufacturers of polymer stabilizers in the world and a key global specialty chemicals player, will present its sustainable, high-performance coatings stabilizers at the European Coatings Show (ECS) 2025 in Nuremberg, Germany.

SONGWON Industrial Group announces Q3/2024 Financial Results

SONGWONSONGWON Industrial Group today published its Q3 financial results for 2024. During the quarter, SONGWON achieved consolidated sales of 285,779 Million KRW and reported a net profit of 11,492 Million KRW. When compared to the sales (Q3/2023: 247,867 Million KRW) and net profit (Q3/2023: 9,372 Million KRW) recorded in the previous year, this marked an increase of 15.3% and 22.6% respectively. For Q3/2024, SONGWON reported a gross profit margin of 17.6%, an increase of 2.9%-points from Q3/2023 (14.7%).

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