Chemicals
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19 Aug 2013
Songwon assigned credit rating is upgraded to BBB+ based on solid business results, growth and stability
Ulsan, Korea - August 19, 2013 - Songwon Industrial Co., Ltd. (www.songwon.com) announces that two key Korean rating agencies, Korea Investors Service and Korea Ratings Corporation have assigned the company with BBB+. Songwon's credit outlook is rated as 'Stable' supported by its solid business foundation, good cash generation capacity and financial reserves for planned investments. (Source Korea Investors Service)
9 Aug 2013
Clariant and Tasnee Establish Masterbatches Joint Venture in Saudi Arabia
Muttenz, August 9, 2013 - Clariant, a world leader in specialty chemicals, and Tasnee, one of the largest industrial conglomerates in Saudi Arabia, today announced the signing of an agreement to establish a masterbatches joint venture in Saudi Arabia.
