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Songwon announces global price increases for its Plastic Additives

Songwon announces global price increases for its Plastic Additives

Songwon Industrial Group announces global price increases for its range of Plastic Additives by 8 % on or after June 1, 2012.

ULSAN, Korea, 20120427 -- Songwon Industrial Group, 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 by 8% effective on orders invoiced on or after June 1, 2012, 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, 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 International – Americas Inc., Songwon International – India Pvt. Ltd., Songwon Trading Co. Ltd. and Songwon Chemicals 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.

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