SONGWON, which was founded in 1965 and is headquartered in Ulsan, South Korea, is a leader in the development, production and supply of specialty chemicals. The second largest manufacturer of polymer stabilizers worldwide, the SONGWON Industrial Group operates 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.
+41 52 635 0000
20 Mar 2019
SONGWON Industrial Group (www.songwon.com), the 2nd largest manufacturer of polymer stabilizers in the world and Sabo S.p.A. (www.sabo.com), a world leader in the development and manufacturing of hindered amine light stabilizers (HALS), today marked another milestone in their long-term collaboration.
19 Mar 2019
SONGWON presents expanded range of specialty chemicals for coatings at the European Coatings Show 2019
With a stand designed to give customers a personalized experience reflecting their needs, SONGWON Industrial Co., Ltd. is present again at the European Coatings Show 2019 (ECS) following its successful debut at the last show. The company is exhibiting a number of products for the first time, including two new stabilizers, an antioxidant and two ranges of functional monomers.
7 Mar 2019
SONGWON Industrial Group (www.songwon.com) today released its financial results for FY2018. Sales continued to grow in Q4/2018 compared to Q4/2017 and contributed to the overall stable growth over the entire year. SONGWON’s overall consolidated sales revenues for FY 2018 totaled 788,738 Mil. KRW and marks an 8.8% increase over the previous year.
22 Jan 2019
SONGWON Industrial Co., Ltd. (www.songwon.com) proudly announces that it has become one of the first chemical companies in the world to package its products in 20kg PE-bags made with 50% recycled PE.
5 Dec 2018
SONGWON Industrial Co., Ltd. (www.songwon.com) announced today that it has entered a partnership with Disheng Technology Co., Ltd, located in Jiangsu Province, China for the production of some of its comprehensive range of UVA light stabilizers.
4 Dec 2018
A new production line at SONGWON’s site in Suwon, South Korea for the manufacture and distillation of SONGSORB® CS 400 UV stabilizer has become operational. With a total capacity of about 1’000 metric tons, it allows fully backward integrated in-house manufacture of SONGSORB® CS 400 at all stages from intermediate to finished product.
20 Nov 2018
To strengthen and add value to its range of stabilizers for polyols and polyurethane, SONGWON has developed and launched a new antioxidant, SONGNOX® 5057.
14 Nov 2018
SONGWON Industrial Group (www.songwon.com) today released its financial results for the 3rd quarter of 2018. In Q3/2018, gross profit amounted to 42,974 Mil. KRW, with sales for the quarter totaling 204,403 Mil. KRW. Profit for the period rose over 2017 by 38.4%, and the Group announced a 12.6% EBITDA for the 3rd quarter of the year.
16 Aug 2018
SONGWON Industrial Co., Ltd. is pleased to announce that it has entered into an exclusive distributor agreement with Sea-Land Chemical Company. Under the terms of the agreement, which takes effect in August, Sea-Land will be the official distribution channel for SONGWON’s products for the market segments: industrial lubricants, transportation lubricants and grease in North America (USA, Canada & Mexico).
15 Aug 2018
SONGWON Industrial Group (www.songwon.com) today released its financial results for the second quarter of 2018. The Group achieved consolidated sales of 197,841 Mil. KRW and a gross profit margin of 18.1% (without impact from application of K-IFRS 1115: 19.4%) for Q2/2018 – marking a decrease of 5.5%pts (without impact from application of K-IFRS 1115: 4.2%pts) compared to Q2/2017. In the two quarters of the year, the Group realized consolidated sales of 388,313 Mil. KRW which is a 7.4% increase over the first six months of 2017 (361,707 Mil. KRW).
2 Aug 2018
SONGWON names Connell Brothers Company its exclusive distributor for fuel and lubricant additives in China
SONGWON has signed an exclusive distributor agreement with Connell Bros. ‒ the largest marketer & distributor of specialty chemicals and ingredients in the Asia-Pacific region. This further extends the relationship between the two companies, SONGWON having appointed Connell Bros. as its exclusive distributor in India in 2018. Under the terms of the agreement, which takes effect in August, Connell Bros. will be exclusively responsible for marketing and distributing SONGWON’s fuel and lubricant additives, which include aminic, phenolic, phosphite and thioester antioxidants, throughout China.
29 Jun 2018
SONGWON Industrial Co., Ltd. announced today that prices for its polymer stabilizers products will be raised by up to 15%.