16 May 2018
Ulsan, South Korea – May 15, 2018 – SONGWON Industrial Group (www.songwon.com) today released its audited financial results for the first quarter of 2018, ended March 31, 2018. Recording a positive start to the year, the Group achieved sales of 190,472 Mil. KRW, marking an increase in revenue of 8.9% when compared to sales in Q1 of the previous year (Mil. KRW 174,965). During Q1/2018, EBITDA and EBIT margins increased to 12.4% and to 8.1% respectively.
24 Apr 2018
Ulsan, South Korea – April 24, 2018 – SONGWON Industrial Group, the second largest manufacturer of polymer stabilizers in the world, is once again exhibiting at this year’s Chinaplas in Shanghai, China (Stand J45 in Hall 8.2H). The company will be showcasing its solutions designed to match industry needs, including light and heat stabilizers, antioxidants, thermoplastic polyurethanes, PVC stabilizers and plasticizers.
26 Mar 2018
Ulsan, 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.
20 Mar 2018
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.
7 Feb 2018
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.
27 Nov 2017
Ulsan, South Korea – November 27, 2017 – SONGWON is raising the price of the majority of its polymer stabilizers.
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.
Additive Manufacturing Additives Adhesives Agriculture Appliances Architecture Audiovisual Automation Automotive Aviation Beverage Industry Broadcasting Building and Construction Chemicals Coatings Composites Consumer Goods Electrical Energy & Power Food Furniture Glass Graphics Healthcare HR Industrial IT Logistics Lubricants Machinery Marine Medical Metals Military Mining Mouldmaking Offshore Oil and Gas Packaging Paper Personal Care Petrochemicals Pharmaceuticals Plastics Polymers Power Generation Printing Recycling Retail Rubber Sports Textiles Transportation Wire & Cable