Coatings
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.
2 Jul 2025
Syensqo achieves certification for its digital product carbon footprint (PCF) method
Syensqo has achieved third-party certification for the method used in its digital PCF tool, deployed across its Novecare business portfolio. Certification confirms the company’s ability to reliably calculate the product carbon footprint of products designed for the agro, home and beauty care, coatings and industrial markets, and to provide customers with the data needed to drive decarbonization and accelerate the transition to more sustainable value chains.
23 Jun 2025
Archroma launches all-new website to support smarter, more sustainable choices across the textile and packaging value chains
Archroma, a global leader in specialty chemicals towards sustainable solutions, today unveiled a fully redesigned website (www.archroma.com), aimed at enhancing customer experience and accelerating the transition to more sustainable practices across the textiles, packaging, and paper value chains.
12 Jun 2025
Syensqo inaugurates its state-of-the-art microbiology lab in France
Syensqo, a global leader in advanced materials and specialty chemicals, is proud to announce the inauguration of its world class cutting-edge microbiology, (eco-)toxicology and biotechnology labs in Lyon, France. This new facility is the company's largest microbiology lab globally, serving as a reference center in the field. It enhances Syensqo's biodegradation and (eco-)toxicology testing capabilities right from the early stages of product development, accelerating the development of environmentally-friendly and safe products through its Renewable Materials and Biotechnology Growth Platform.
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.
Industries
The companies featured on PressReleaseFinder are active in several industries. If you are interested in a specific industry, please select one to filter the available press releases.
Additives Adhesives Agriculture Architecture Automation Automotive Aviation Beverage Biotechnology Building and Construction Catalysts Chemicals Coatings Composites Consumer Goods Defense Dentistry Electrical Energy & Power Engineering Environment Flooring Food Furniture Glass Healthcare Home and Household Care HVAC Industrial Logistics Lubricants Machinery Medical Metals Military Mining Packaging Paper Personal Care Petrochemicals Pharmaceuticals Pipes & Tubes Plastics Polymers Printing Recycling Retail Rubber Sports Textiles Transportation Water Management Wire & Cable Woodworking
