Press release
Songwon announces global price increases for its range of Plastic Additives
Ulsan, Korea – May 19, 2011 – Songwon Industrial, a leading developer and manufacturer of polymer additives, will increase global prices of its Songnox® antioxidants, Songlight® and Songsorb® UV stabilizers, Songstab™ acid scavengers as well as of its range of aminic antioxidants between 15 and 20% effective on orders invoiced on or after June 1, 2011, or as contracts allow. This price increase is necessary to recover raw material cost increases and support continued investment in reliable supply.About Songwon Industrial Co., Ltd.
Songwon Industrial Co., Ltd. is a leading producer of Songnox® Antioxidants, Songnox® One Pack Systems, Songlight® Hindered Amine Light Stabilizers, Songsorb® Ultraviolet Light Absorbers, Songstab™ Acid Scavengers, Songstab™ PVC Stabilizers, Songcat™ Tin Intermediates, Songbrite™ Optical Brighteners, Songcizer™ Plasticizers for the plastics industry, as well as lubricants, surface coating agents, polyurethane, alkyl phenols, biphenol, flocculants and other chemicals. The Songwon Group of Companies includes Songwon Industrial Co., Ltd., Songwon International AG, Songwon International – Americas Inc., Songwon China Ltd., Songwon Trading (Shanghai) Ltd., SSBC Songwon Shanghai Brilliant Chemicals Ltd., Songwon International – India, and Songwon Japan KK.
Songnox, Songsorb and Songlight are registered trade marks of Songwon Industrial Co., Ltd.
Songcat, Songbrite, Songcizer and Songstab are trade marks of Songwon Industrial Co., Ltd.
Marketing Solutions
Kevin Noels
P.O. Box 58
4600 AB Bergen op Zoom
The Netherlands
Tel: +31 164 317 011
E-mail: knoels@marketingsolutions.be
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