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Songwon announces completion of One Pack Systems capacity increase at its facility in Greiz, Germany

10-10-2012 10:16 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Songwon Industrial Co., Ltd.

/ PR Agency: Marketing Solutions
Songnox® OPS products

Songnox® OPS products

Ulsan, Korea – October 4, 2012 – Today, Songwon Industrial Co., Ltd. has announced it has completed the capacity expansion of its OPS (One Pack Systems) production facility in Greiz, Germany. The capacity expansion project was completed on time, and doubles the current production capacity of Songnox® OPS products from 7.000 metric tons to 14.000 metric tons.

The Greiz OPS operation has produced dust free polymer additive products since 2006, and with the capacity increase the facility is now one of Europe’s largest manufacturing sites of OPS products for the polymer industry. Songwon’s OPS products, which are sold under the Songnox® OPS brand, combine several additives into an integrated dust free, pellet form and offer a number of key advantages such as uniformity and certified composition.

“The market for OPS products has been enjoying consistent growth as compounders and polymer producers continuously search for added value and more efficient production technology. This additional production capacity will strengthen Songwons’ position as one of the leading producers of OPS products in Europe and ensures that we have enough capacity to meet the long-term demand of our growing markets," said Maurizio Butti, Chief Operating Officer and Member of the Songwon Industrial Group Executive Committee.

Doug Excell, Vice President of Business Management for OPS products added: “The Greiz capacity expansion is part of our overall OPS initiative to expand our global presence and leverage our superior technologies worldwide.”

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, 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 Holdings AG, Songwon International AG, Songwon International – Japan K.K., Songwon China Ltd., Songwon Industrial Co. Ltd. Representative Office Bahrain, Songwon Additive Technologies AG, Songwon ATG GmbH, Songwon International – Americas Inc., Songwon International – India Pvt. Ltd., Songwon Trading Co. Ltd, Songwon Chemicals Co. Ltd. and Songwon Baifu Chemicals (Tangshan) Co., Ltd.

Songnox, Songsorb and Songlight are registered trade marks of Songwon Industrial Co., Ltd.
Songcat, Songcizer and Songstab are trade marks of Songwon Industrial Co., Ltd.

Marketing Solutions
Stephanie Wakkee
Box 6
2950
Kapellen
Belgium
0031164317012

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