Press Releases from Songwon Industrial Co., Ltd. (49 total)
SONGWON invests in capacity expansion for semiconductor chemicals production
Ulsan, South Korea – November 19, 2021 – Today, Songwon Industrial Co., Ltd. announced that it is investing in expanding its chemical production capacity for…
SONGWON enters two new distribution agreements with Bodo Moller Chemie
Ulsan, South Korea - May 19, 2020 - SONGWON Industrial Co., Ltd. announced today that it has signed two exclusive distribution agreements for the distribution…
SONGWON deeply saddened by unexpected death of CEO Maurizio Butti
Ulsan, South Korea – September 10, 2019 – The Board of Directors of SONGWON Industrial Group announced today, with deep sadness, the unexpected death of…
SONGWON announces new appointments in key leadership positions
Ulsan, South Korea – April 02, 2019 – SONGWON Industrial Co., Ltd. today announced leadership changes which enhance and expand the Company’s management team and…
SONGWON appoints its 1st Corporate Sustainability Officer
Ulsan, South Korea – April 02, 2019 – SONGWON Industrial Co., Ltd. announced today the appointment of Olivier Keiser as the organization's 1st Chief Sustainability…
SONGWON extends and enhances the value of its antioxidant product range
• New SONGNOX® 5057 stabilizer strengthens existing offer for polyols and polyurethanes
• Applications include flexible polyurethane slabstock foams, elastomers and hot melt adhesives
• Added value through production efficiency…
SONGWON Industrial Group announces Financial Results for Q2/2018
• Sales increased by 5.9% over Q2/2017 to 197,841 Mil. KRW
• The gross profit margin is at 18.1% (after K-IFRS 1115 applied)
• Net profit amounted to 8,179 Mil.…
SONGWON announces global price increases for its polymer stabilizers
Ulsan, South Korea – June 29, 2018 – SONGWON Industrial Co., Ltd. announced today that prices for its polymer stabilizers products will be raised by…
SONGWON underlines commitment to packaging industry and presents new ink binders …
Ulsan, South Korea – June 13, 2018 – SONGWON Industrial Group is exhibiting its expanding range of ink binders and adhesives at ProPak, Asia’s number…
SONGWON reiterates its commitment to the Chinese plastics industry at Chinaplas …
• Solutions designed to match industry needs
• Novel “one product one customer” antioxidant blends
• Further developments in thermoplastic polyurethanes, PVC stabilizers and plasticizers
• Joint ventures ensure manufacturing excellence and…
SONGWON starts production of SONGNOX® 5650 at its plant in India
• In-house manufacture ensures worldwide availability
• High molecular weight, multifunctional antioxidant for elastomers and adhesives
• Effective in low amounts, virtually no product loss during processing, no staining
Ulsan, South…
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…
New, high performance binder for lamination inks helps to enhance print quality …
Ulsan, South Korea – October 6, 2017 – The flexible packaging industry is growing in complexity: as the variety of substrates widens and they become…
SONGWON Industrial Group releases Financial Results for Q2/2017
• Sales in Q2 totaled 186,742 Mil. KRW
• Net profit amounted to 12,279 Mil. KRW
• The gross profit margin is at 23.6%
Ulsan, South Korea – August 15,…
SONGWON to meet key industry needs with its new pilot plant
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…
SONGWON underlines its industry commitment at Chinaplas 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…
SONGWON Industrial Group ends a good year with steady growth
• Sales in 2016 totaled 694,326 Mil. KRW
• Gross profit was 178,049 Mil. KRW
• Gross profit margin widened to 25.6%
• EBITDA increased to 16.4%
Ulsan, Korea – March…
SONGWON appoints Azelis as exclusive distributor for Morocco, Algeria and Tunisi …
Ulsan, Korea – February 2, 2017 – SONGWON Industrial Co., Ltd. (www.songwon.com) today announced that it has signed an agreement with Azelis Morocco for the…
SONGWON wins Frost & Sullivan’s 2016 New Product Innovation Award
Ulsan, Korea – October 20, 2016 – SONGWON Industrial Co., Ltd. (www.songwon.com) announced today that it has been honored with a 2016 New Product Innovation…
Songwon Industrial Group Releases Financial Results for Q2/2016
• Sales in Q2 totaled 179,071 Mil. KRW
• Gross profit amounted to 47,988 Mil. KRW
• The gross profit margin is at 26.8%
• EBITDA increased to 20.0%
Ulsan, Korea…
Songwon Industrial Group announces Financial Results for Q1/2016
• Sales in Q1 totaled 183,074 Mil. KRW
• Gross profit increased over 2015 to 51,185 Mil. KRW
• The gross profit margin is at 28.0%
Ulsan, Korea…
Songwon underlines its commitment to China’s polymer industry at Chinaplas 201 …
Ulsan, Korea – March 31, 2016 – Songwon Industrial Group (www.songwon.com), the 2nd largest manufacturer of polymer stabilizers in the world, will be showcasing its…
Songwon receives the 2015 Frost & Sullivan Product Line Strategy Leadership awar …
Ulsan, Korea – May 15, 2015 – Songwon Industrial Co., Ltd. (www.songwon.com) announces that it has received the 2015 Frost & Sullivan Best Practice Excellence…
Songwon Industrial Group announces Financial Results for Q1/2015
• Sales in Q1 totaled 157’045 Mil. KRW
• Gross profit amounted to 24’971 Mil. KRW
• The gross profit margin is at 15.9%
Ulsan, Korea – May 15,…
Songwon announces global price increases for the majority of its polymer stabili …
Ulsan, Korea – November 20, 2014 – Songwon Industrial Co., Ltd. today announced a global price increase of 8% - 12% on a majority of…
Songwon Industrial Group announces Financial Results for Q3/2014
• Sales in Q3 totaled 164,868 Mil. KRW
• Gross profit amounted to 25,944 Mil. KRW
• The gross profit margin for Q3 increased 1.9% points compared to Q2/2014 (13.8%)
Ulsan,…
Songwon Industrial Group reports stable sales in Q2/2014
• Sales for Q2 with 172,909 Mil. KRW stable compared to 2013
• Gross profit of 23,927 Mil. KRW for Q2, a 25.6% shortfall compared to Q2/2013 due…
Songwon successfully completes SeQuent Specialty Chemicals business acquisition …
Ulsan, Korea – August 6, 2014 – Songwon Industrial Group’s acquisition of SeQuent’s Specialty Chemicals business, which includes the polymer stabilizer business, the production site…
Songwon Industrial Group reports sales decrease for Q1 2014
• Sales decline of -6.6% in 2014 compared to 2013
• Gross profit of 20,327 Mil. KRW, a 37.1% decrease from 2013
• Positive outlook into Q2 with orders on…
Songwon Industrial Group acquires the Specialty Chemicals Division of SeQuent Sc …
Songwon Industrial Group, Korea and SeQuent Scientific Limited, India – April 24, 2014 – Songwon Industrial Group and SeQuent Scientific Limited have signed an agreement…
Songwon presents new trendsetting-stabilizers at VDI Plastics in Automotive Engi …
• New SONGXTEND™ stabilizer solutions for automotive applications with anti-fogging (anti-FOG) and low volatile organic compounds (VOC) properties
• Supporting trend towards plastic materials to reduce vehicle weight,…
Songwon Industrial Group achieves steady progress with solid results for the thi …
Highlights
• Solid financial results for Q3 contribute to the steady progress made by Songwon during 2013
• Strong growth in core Polymer Stabilizers business with sales increasing by…
K 2013: Songwon – Taking the lead in regulatory affairs and product stewardshi …
Ulsan, Korea – October 21, 2013 – Songwon Industrial Group (songwon.com) is dedicated to sustainability which is clearly demonstrated in how it is meeting or…
K 2013: Songwon launches SONGXTEND™ product line, a new and innovative stabili …
• SONGXTEND™ stabilizers, a new product family that offers benefits along the entire value chain from polymer production to end-use
• SONGXTEND™ stabilizers enable more robust and efficient…
K 2013: Songwon further expanding its range of innovative stabilizer solutions
Please join the Songwon press conference, October 18th at 09:00am, CCD South Room 7B
• Songwon - reliably delivering essential and innovative products
• Songwon - expanding its portfolio…
Rolf Drewes joins Songwon as Vice President Business Sector Specialty Chemicals
Ulsan, Korea – October 2, 2013 – Songwon Industrial Group (songwon.com) strengthens its leadership team by appointing Dr. Rolf Drewes as Vice President Business Sector…
Songwon demonstrates environmental stewardship with its first Sustainability Rep …
• Songwon is committed to contributing to sustainable global economic growth
• Songwon’s Sustainability Report fully complies with GRI (Global Reporting Initiative)
Ulsan, Korea – September 5, 2013 –…
Songwon Industrial Group announces stable gross profit development for first hal …
Key Developments
• Sales and gross profit margin remain stable despite challenging market conditions
• Gross profit for the first half year increases 2.4% to 65,570 Mil. KRW compared…
Leading antioxidant producer Songwon Industrial Co., Ltd. to restructure financi …
- Company stabilizes financial structure through new syndicated loan
- Anticipates improved credit rating and strong growth potential through more advantageous, long term borrowing
Seoul, Korea – February 19,…
Songwon Baifu Chemicals JV now fully operational in thioester antioxidants
Ulsan, Korea – November 20, 2012 – Songwon Industrial Co., Ltd. (www.songwon.com) and Tangshan Baifu Chemical Co. Ltd. have formalized their joint venture relationship. The…
Songwon Industrial Group announces a solid financial performance in Q3 2012
Ulsan, Korea – November 12, 2012 – Songwon Industrial Group (www.songwon.com), the second largest manufacturer of polymer stabilizers in the world and a leading global…
Songwon, Pan Gulf and Polysys form Songwon Additives Technology AG for global ma …
Ulsan, Korea – October 16, 2012 – Today, Songwon Industrial Group, Pan Gulf Holdings of Saudi Arabia and Polysys Industries of Abu Dhabi proudly announce…
Songwon and Sabo join forces to establish a global presence for Light Stabilizer …
Ulsan, Korea – October 10, 2012 – Songwon is pleased to announce it has entered into long term distribution arrangements with Sabo SpA representing a…
Songwon announces completion of One Pack Systems capacity increase at its facili …
Ulsan, Korea – October 4, 2012 – Today, Songwon Industrial Co., Ltd. has announced it has completed the capacity expansion of its OPS (One Pack…
Songwon launches a new website that reflects its consolidated market approach an …
Ulsan, Korea – October 2, 2012 – As part of Songwon‘s commitment to provide customers with excellent service across the globe, the company launched on…
Songwon and Chinaplas 2012 are fully aligned to demonstrate growth as its main t …
Ulsan, Korea – March 8, 2012– Songwon will be participating at Chinaplas 2012, which takes place on 18 - 21 April, 2012 at Shanghai New…
Salient in Additives - a clear demonstration of commitment to the customer from …
Ulsan, Korea – September 30, 2010 – The K2010 exhibition will provide an opportunity for Songwon to demonstrate its continued commitment to the Polymers industry…
Songwon announces a new range of unique UV additive systems and solutions for pl …
Ulsan, Korea – May 27, 2010 – Songwon, a leading additives supplier to the polymer industry, announces the development of a new range of unique…
At Chinaplas 2010, Songwon will demonstrate it’s leadership as a global suppli …
Ulsan, Korea – March 18, 2010 – Songwon Industrial, a leading, global developer and manufacturer of polymer additives, will demonstrate its continued commitment to meeting…
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