Additives


SONGWON Industrial Group reports strong sales performance in FY 2017

SONGWONUlsan, South Korea – March 26, 2018 – SONGWON Industrial Group (www.songwon.com) today reported its financial results for FY2017. In Q4/2017 ended December 31, 2017, sales continued to grow and SONGWON achieved consolidated revenues of 724.9 Billion KRW with a 4.4% increase year-over-year. Although not reaching the same level as the previous year, the results in 2017 were achieved in a far more challenging environment, demonstrating SONGWON’s resilience and ability to continue to deliver a good performance.

SONGWON begins large scale manufacture of functional monomers in Ulsan, South Korea

SONGWON’s Ulsan team after successful startup of the new DCPD phenol monomer production line.
(Photo: SONGWON Industrial Co., Ltd.)Ulsan, South Korea – March 20, 2018 – Having started to develop functional monomers about two years ago, SONGWON has now begun bulk manufacture at its production site in Ulsan, South Korea. These monomers provide resins and polymers with special functions, one of the most important being improvement of the physical and chemical properties of the final product. Applications include resins, sealants, adhesives and engineering plastics designed for use in coatings, the automotive sector and electronic packaging.

SONGWON starts production of SONGNOX® 5650 at its plant in India

SONGWON starts production of SONGNOX® 5650 at its plant in India.
(Photo: SONGWON Industrial Co., Ltd.)Ulsan, South Korea – February 7, 2018 – To ensure the availability of SONGNOX® 5650 worldwide, SONGWON has started to manufacture the product at its Panoli plant in Gujarat, India.

SONGWON announces global price increases for its polymer stabilizers

SONGWONUlsan, South Korea – November 27, 2017 – SONGWON is raising the price of the majority of its polymer stabilizers.

SONGWON launches new, high end UV absorbers for demanding coatings applications

SONGWON launches new, high end UV absorbers for demanding coatings applications.
(Photo: SONGWON Industrial Co., Ltd.)Ulsan, South Korea – November 15, 2017 – SONGWON is expanding its range of ultraviolet absorbers (UVAs) for high performance coatings and is now launching two new products, SONGSORB® CS 400 and SONGSORB® CS 384-2. The two UVAs can both be used in combination with a hindered amine light stabilizer (HALS) such as SONGSORB® CS AQ01, which was introduced at this year’s European Coatings Show.

SONGWON enters distribution partnership with Lehmann&Voss&Co.

SONGWON enters distribution partnership with Lehmann&Voss&Co. 
(Photo: SONGWON Industrial Co., Ltd.)Ulsan, South Korea – October 19, 2017 – SONGWON Industrial Co., Ltd., the second largest manufacturer of polymer stabilizers in the world and Lehmann&Voss&Co., a chemical company based in Hamburg, Germany announced that they have entered an exclusive distribution partnership for Fuel & Lubes antioxidants.

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