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SONGWON Industrial Group releases Financial Results for Q3/2017


SONGWON Industrial Group ( 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 Septe...

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SONGWON aims to be a global player - Courtesy of Chemical Week


SONGWON (Ulsan, South Korea), founded in 1965 as the only manufacturer of plastic additives in South Korea, has grown to be become the second-largest producer of polymer stabilizers worldwide. The company, meanwhile, entered four new business segments - electronic chemicals, coatings stabilizers, fu...

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SONGWON enters distribution partnership with Lehmann&Voss&Co.


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....

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SONGWON commissions second production line for thermoplastic urethanes


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...

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