Songwon

SONGWON, which was founded in 1965 and is headquartered in Ulsan, Korea, is a leader in the development, production and supply of additives and specialty chemicals. The second largest manufacturer of polymer stabilizers worldwide, SONGWON operates group companies all over the world, offering the combined benefits of a global framework and readily accessible local organizations. Dedicated experts work closely together with customers to develop tailor-made solutions that meet individual requirements.

For further information, please go to: www.songwon.com.

SONGWON Industrial Co., Ltd.
Walzmühlestrasse 48
8500 Frauenfeld
Switzerland
+41 52 635 0000
www.songwon.com

SONGWON Industrial Group ends a good year with steady growth

Ulsan, Korea – March 24, 2017 – SONGWON Industrial Group (www.songwon.com) today released its financial results for FY2016. In terms of sales, it was a very positive year overall for the organization with almost all product lines contributing to the Group’s growth despite the ongoing challenging economic environment.

SONGWON announces global price increases for its polymer stabilizers

Ulsan, Korea – March 22, 2017 – SONGWON Industrial Co., Ltd. today announced price increases up to 10% on its polymer stabilizers.

SONGWON enters distribution partnership with Biesterfeld Turkey for its polymer stabilizers range

Ulsan, Korea – February 21, 2017 – SONGWON Industrial Co., Ltd. (www.songwon.com) today announced that it has signed an agreement with Biesterfeld Turkey for the distribution of SONGWON’s comprehensive range of polymer stabilizers.

SONGWON appoints Azelis as exclusive distributor for Morocco, Algeria and Tunisia

Ulsan, Korea – February 2, 2017 – SONGWON Industrial Co., Ltd. (www.songwon.com) today announced that it has signed an agreement with Azelis Morocco for the distribution of SONGWON’s extensive range of products.

SONGWON Industrial Group releases Financial Results for Q3/2016

Ulsan, Korea – November 11, 2016 – SONGWON Industrial Group (www.songwon.com) today published its financial results for Q3. In Q3/2016, gross profit amounted to 41,960 Mil. KRW, with sales for the quarter totaling 170,582 Mil. KRW. The gross profit margin rose over 2015 to 24,6%, and the Group announced a 11.9% EBITDA for the third quarter 2016.

SONGWON presents its extensive range of functional monomers

SONGWON presents its extensive range of functional monomers.
(Photo: Songwon Industrial Co., Ltd.)Ulsan, Korea – October 25, 2016 – SONGWON Industrial Co., Ltd., will showcase its new range of functional monomers at the 20th International Trade Fair for Plastics and Rubber, K 2016 in Düsseldorf, Germany.

SONGWON launches a new portfolio of coatings stabilizers

SONGWON launches a new portfolio of coatings stabilizers.
(Photo: Songwon Industrial Co., Ltd.)Ulsan, Korea – October 24, 2016 – SONGWON Industrial Co., Ltd., a global leader in polymer stabilizers today unveiled its new range of stabilizer solutions for the coatings industry.

SONGWON showcases thermoplastic polyurethane (TPU) expertise at K 2016

SONGWON showcases thermoplastic polyurethane (TPU) expertise at K 2016.
(Photo: Songwon Industrial Co., Ltd.)Ulsan, Korea – October 21, 2016 – SONGWON Industrial Co., Ltd., a leading specialty chemicals player worldwide, is highlighting its strong technical expertise and presenting its broad range of innovative thermoplastic polyurethane (TPU) resins at K 2016.

SONGWON wins Frost & Sullivan’s 2016 New Product Innovation Award

SONGWON wins Frost & Sullivan’s 2016 New Product Innovation Award.
(Photo: Songwon Industrial Co., Ltd.)Ulsan, Korea – October 20, 2016 – SONGWON Industrial Co., Ltd. (www.songwon.com) announced today that it has been honored with a 2016 New Product Innovation Award by Frost & Sullivan for its commitment to innovation in the polymer stabilizers market.

SONGWON launches new image & presents high performance solutions at K 2016

SONGWON’s new image displays a balance of industry and people to highlight the science behind SONGWON and its human essence. The company’s new tagline ‘It’s all about <b>the chemistry</b>’ was created to emphasize the role that chemistry plays in people’s daily lives. 
(Photo: Songwon Industrial Co., Ltd.)Ulsan, Korea – October 19, 2016 – SONGWON Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world, and key global player in the specialty chemicals business launches its new company image and showcases a broad range of high performance solutions at the K 2016.

Songwon Industrial Group Releases Financial Results for Q2/2016

Ulsan, Korea – August 12, 2016 – Today, Songwon Industrial Group (www.songwon.com) released its financial results for Q2. The Group announced sales of 179,071 Mil. KRW and a gross profit margin of 26.8% for Q2 - an increase of 6.7 percentage points compared to Q2/2015. For the first half of the year, the Group realized consolidated sales of 362,145 and generated a gross profit of 99,173 – a 76.8% increase compared to the first 6 months of 2015.

SONGXTEND® 2124 stabilizer - Songwon’s latest innovation for the automotive industry

Ulsan, Korea – June 16, 2016 – SONGWON has recently launched its latest innovation for the automotive industry. The new SONGXTEND® 2124 stabilizer solution was specifically developed to meet the stringent demands of the automotive industry where weight and cost reduction are dominant factors.

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