SONGWON

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.
Walzmühlestrasse 48
8500 Frauenfeld
Switzerland
+41 52 635 0000
www.songwon.com

SONGWON reiterates its commitment to the Chinese plastics industry at Chinaplas 2018

SONGWON reiterates its commitment to the Chinese plastics industry at Chinaplas 2018.
(Photo: SONGWON Industrial Co., Ltd.)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.

SONGWON demonstrates commitment to the North American coatings industry

SONGWON demonstrates commitment to the North American coatings industry.
(Photo: SONGWON Industrial Co., Ltd.)Ulsan, South Korea – April 10, 2018 – For the first time, SONGWON Industrial Co., Ltd. is present at the American Coatings Show (ACS), showcasing its latest high performance solutions.

SONGWON Industrial Group reports strong sales performance in FY 2017

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.

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 signs exclusive distributorship with Connell Bros. Co. for India

Ulsan, South Korea – February 1, 2018 – SONGWON Industrial Co., Ltd., the second largest manufacturer of polymer stabilizers in the world has signed an exclusive distributorship agreement in India with Connell Brothers, the largest marketer & distributor of specialty chemicals and ingredients in the Asia-Pacific region.

SONGWON announces global price increases for its polymer stabilizers

Ulsan, 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 Industrial Group releases Financial Results for Q3/2017

Ulsan, South Korea – November 10, 2017 – SONGWON Industrial Group (www.songwon.com) today announced its results for the third quarter of 2017. In Q3/2017, gross profit amounted to 38,621 Mil. KRW, and the Group reported sales totaling 180,832 Mil. KRW – an increase of 6.0% over Q3/2016. SONGWON achieved sales of 542,539 Mil. KRW (YTD September 2016: 532,727 Mil. KRW) in the 9 months ended September 30, 2017 and recorded a net profit of 30,036 Mil. KRW (YTD September 2016: 38,150 Mil. KRW).

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.

SONGWON commissions second production line for thermoplastic urethanes

SONGWON commissions second production line for thermoplastic urethanes.
(Photo: SONGWON Industrial Co., Ltd.)Ulsan, South Korea – October 9, 2017 – As part of its global expansion strategy, SONGWON has commissioned a second thermoplastic urethane (TPU) production line, to become operational in the fourth quarter of 2017. The company’s plant in Suwon, South Korea will be extended to increase TPU production capacity from 7,000 to 12,000 metric tons a year.

New, high performance binder for lamination inks helps to enhance print quality on packaging film and optimize productivity

New, high performance binder for lamination inks helps to enhance print quality on packaging film and optimize productivity. (Photo: SONGWON Industrial Co., Ltd.)Ulsan, South Korea – October 6, 2017 – The flexible packaging industry is growing in complexity: as the variety of substrates widens and they become increasingly sophisticated, printing inks need to meet numerous, ever more demanding requirements. Inks for laminations have to withstand the lamination process and deliver the bond strength necessary for the respective application. They must also allow high speed printing and ensure excellent graphic quality.

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