At Chinaplas 2011 Songwon Confirms Its Successfully Executed China Strategy and Announces the Next Steps in Establishing a Market Leading Position |
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Songwon Industrial Co., Ltd.
737-2 Yochon-dong, Nam-Gu
Ulsan 680090, Korea (north)
Press release date: April 20, 2011
Ulsan, Korea - April 20, 2011 - Just 12 months after the announcement of its business structure in China, Songwon Industrial Co., Ltd. is pleased to be attending Chinaplas 2011 as an established and respected player in the Chinese polymer additives market. Songwon can be found at Chinaplas Hall 12.2, Booth: D11.
Songwon China Ltd., a wholly owned subsidiary of Songwon Industrial Co., Ltd. based in Hong Kong, is the investment arm into an increasing number of Songwon entities in China. Songwon Shanghai Trading Ltd. is the main operational company where sales and sourcing activities on behalf of the global Songwon group will be conducted. Chemservice Asia Co. Ltd. complements these activities by providing an unparalleled service in regulatory advice and is an authority on REACH compliance in China.
Songwon Baifu Chemical Co. Ltd. is a joint venture with Tangshan Baifu Chemical Co. Ltd. to manufacture and sell Thioester antioxidants and will be fully incorporated by mid 2011 with a fully backward integrated capacity of 6000 tons.
Customer acceptance of the value that Songwon delivers has driven the need for a full analytical laboratory to be located in Shanghai and will be operational by the end of 2011. The new facility will become a centre of excellence for specialty chemical analysis, as well as providing quality control for sourced products.
"We are very pleased with the progress we have made in China in such a short time", stated Jongho Park, Chairman and President of Songwon Industrial Co., Ltd. "The commitment we made to customers in China has been recognized and we are being rewarded by growth and long term business commitments. This is driving the need for extended services, such as the analytical laboratory, and the extension of our product range. Songwon Baifu will be influential in China and will provide world class Thioester antioxidant products to our other key regions. We are also establishing long term relationships with home based suppliers to ensure a secure stream of raw materials, intermediates and finished products that meet our high standards and competitive market position."
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(TM) Acid Scavengers, Songstab(TM) PVC Stabilizers, Songcat(TM) Tin Intermediates, Songbrite(TM) Optical Brighteners, Songcizer(TM) 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.
Just 12 months after the announcement of its business structure in China, Songwon Industrial Co., Ltd. is pleased to be attending Chinaplas 2011 as an established and respected player in the Chinese polymer additives market. Songwon can be found at Chinaplas Hall 12.2, Booth: D11.
For further information, please contact:
Europa
Songwon International AG
Dieter Morath, Executive Vice President Sales,
Member of the Group Executive Committee
Breitenstrasse 16
CH-8501 Frauenfeld
Switzerland
Tel: +41 52 635 0000
E-mail: dmorath@songwonind.com
USA
Songwon International - Americas, Inc.
James J. McGinley, President Songwon International - Americas, Inc.
Toll Free: +1 877 SONGWON
Direct: +1 281 648 1585
Fax: +1 713 456 1812
E-mail: jmcginley@songwonind.com
MEA
Songwon Industrial Co., Ltd.
Peter Fleming, Director of Sales
Suite 706, 7th Floor, Trust Tower
Building 125, Road 1702
Diplomatic Area, Manama
Kingdom of Bahrain
Tel: +973 1650 0755
Fax: +973 1650 0501
E-mail: pfleming@songwonind.com
Asia
Songwon Industrial Co., Ltd.
737-2 Yochon-dong, Nam-Gu
Ulsan 680090, Korea
Tel: +82 522 739 841
Fax: +82 522 723 528
E-mail: info@songwonind.com
Songwon Trading (Shanghai) Ltd.
Min Tian
3rd Floor, Unit 2
159 Tianzhou Road
Shanghai 200233, China
Tel. +86 21 5445 2218
Mobile +86 139 0173 1931
Fax +86 21 5445 2217
E-mail: mtian@songwonind.com
Songwon International - India Pvt. Ltd.
701 - Purva Plaza, Shimpoli Road, Borivali (West)
Mumbai 400 092, India
Tel: +91-22-28997419 / +91-22-28991029
Mobile: +91 982 055 6971
Fax: +91-22-28997508
E-mail: nmehta@songwonind.biz
Songwon Japan KK
Jaewon Choi
Hamamatucho Square 18F room 1802
Hamamatucho 1-30-5, Minato-Ku, Tokyo
105-0013 Japan
Tel: +81 3 6430 6281
Fax: +81 3 6430 6284
E-mail: jwchoi@songwonind.com
For editorial inquiries and clippings,
please contact:
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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