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
27 Nov 2017
Ulsan, South Korea – November 27, 2017 – SONGWON is raising the price of the majority of its polymer stabilizers.
15 Nov 2017
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.
10 Nov 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).
19 Oct 2017
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.
9 Oct 2017
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.
6 Oct 2017
New, high performance binder for lamination inks helps to enhance print quality on packaging film and optimize productivity
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.
15 Aug 2017
Ulsan, South Korea – August 15, 2017 – Today, SONGWON Industrial Group (www.songwon.com) released its financial results for the second quarter of 2017. The Group reported consolidated sales of 186,742 Mil. KRW and a net profit margin of 6.6% for Q2 - a decrease of 2.1% compared to Q2/2016. For the first half of the year, the Group realized consolidated sales of 361,707 Mil. KRW which is a -0.1% decrease compared to the first six months of 2016 (362,145 Mil. KRW).
14 Jun 2017
Ulsan, South Korea – June 14, 2017 – SONGWON Industrial Co., Ltd. (www.songwon.com) announced today that its new pilot plant in Panoli (Gujarat), India has come onstream, thereby strengthening the organization’s overall specialty chemicals development capability.
22 May 2017
SONGWON extends its antioxidant range for fuels and lubricants and introduces SONGNOX® L670 (nonylated DPA) at the STLE Annual Meeting & Exhibition
Ulsan, South Korea – May 22, 2017 – For the first time, leading specialty chemicals manufacturer SONGWON Industrial Group is exhibiting at the Annual Meeting & Exhibition of the Society of Tribologists and Lubrication Engineers (STLE) from May 21-25 in Atlanta, USA.
16 May 2017
Ulsan, South Korea – May 16, 2017 – Pursuing its strategy to become a leading stabilizer supplier to the Chinese plastics industry, SONGWON Industrial Group, the 2nd largest manufacturer of polymer stabilizers in the world, is exhibiting at this years’ Chinaplas in Guangzhou, China from May 16-19.
12 May 2017
Ulsan, South Korea – May 12, 2017 – SONGWON Industrial Group (www.songwon.com) today announced its audited financial results for Q1. In the first quarter, the Group achieved sales of 174,965 Mil. KRW. When compared to sales in Q1/2016 (Mil. KRW 183,074), this marked a 4.4% decrease in revenue.
11 May 2017
Ulsan, South Korea – May 11, 2017 – 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 announced plans to further strengthen their already successful collaborative partnership.