Chemicals
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22 Jun 2026
Syensqo receives supplier recognition award from Freudenberg Sealing Technologies
Syensqo, a global leader in high-performance materials, today announced that it has received the Gold level recognition in the chemical segment of Freudenberg Sealing Technologies’ 2025 Supplier Excellence Achievement Level (SEAL) Award program. The award recognizes suppliers demonstrating outstanding performance in quality, delivery, cost management, technology, and customer service across Freudenberg Sealing Technologies’ global network of approximately 300 direct material suppliers.
13 May 2026
SONGWON delivers strong Q1/2026 financial results
SONGWON Industrial Group today released its financial results for the 1st quarter of 2026. After a challenging 2025, SONGWON started the new year strongly, with higher revenues compared to the previous quarter and improved profitability. In Q1/2026, SONGWON Industrial Group achieved consolidated sales of 269,204 million KRW and reported a 272.5% year-on-year increase in net profit to 18,091 million KRW, partly due to a one-off adjustment to the employee benefit program. Compared to the same period of the previous year, gross profit increased 35.9% to 55,362 million KRW in Q1/2026 and the gross profit margin rose from 14.8% to 20.6%.
SABIC, a global leader in the chemical industry, today announced the launch of NORYL™ V0150TW and V0150IR2 resins, the first laser-weldable thermoplastics for photovoltaic (PV) applications. NORYL V0150TW (absorptive) and V0150IR2 (transmissive) resins uniquely combine flame retardancy and excellent weatherability and sealing performance. They can streamline the manufacturing of PV microinverters and other components while significantly enhancing their reliability and outdoor stability to accelerate solar energy adoption. These novel materials recently won a Silver 2026 Edison Award, one of the most respected accolades for global innovation.
SABIC, a global leader in the chemical industry, today introduced ULTEM™ SU3102P reactive oligomer, a novel toughening agent for thermoset composites used in primary and secondary aerospace structures such as wings, fuselage frames, spoilers and interior components. This new polyetherimide (PEI) oligomer delivers unmatched thermoset formulation freedom without impacting processability. ULTEM SU3102P oligomer, a Gold winner of the 2026 Edison Awards, supports development of advanced aerospace structures with superior performance compared to incumbent materials.
Syensqo announces the growing commercial adoption of its Energain® SA076 solution in advanced consumer electronics. The material supports next-generation lithium-ion batteries used in premium smartphones, helping them operate at higher voltages while maintaining safety and performance. Energain® SA076 is now used in lithium cobalt oxide (LCO) battery systems combined with silicon-carbon (Si-C) anodes operating above 4.53V, a key step forward for high-end mobile devices.
Syensqo has signed a new long-term supply agreement with Avio, reinforcing a long-standing collaboration in support of advanced space launch systems.