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Songwon Introduces New Products to Extend Its Current Range of Antioxidants and UV Absorbers at K 2007

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Songwon Industrial Co., Ltd.
737-2 Yochon-dong, Nam-Gu
Ulsan 680090, Korea (north)



Press release date: October 11, 2007

Songwon introduces new products to extend its current range of Antioxidants and UV Absorbers at K 2007

Ulsan, Korea, October 11, 2007 - Following the introduction earlier this year of a series of new Antioxidant and UV Absorbers, the Songwon Group is pleased to announce a further expansion of its key product ranges tailored to specific industry needs.

The new products will be presented at K 2007, stand C79, hall 6, and include:

o Songnox(TM) 2500 is a hydroquinone based antioxidant used in medical adhesives, elastomers, and as an anti-scorch in wire and cable applications. This product is unique in that it is not a phenol, and works under oxygen deficient conditions. A further application is as a color forming agent in chemical films.

o Songnox(TM) 4425 is a cresol based antioxidant and is highly effective in Polyamides, Polyesters, PVB safety glass laminate, High Impact Polystyrene, ABS, and a large range of spin finish compositions. This product, supplied in powder form, is a primary antioxidant for organic polymers offering the unique combination of being very low discoloring, low volatility and high solubility.

o Songnox(TM) 6180 is a phosphite antioxidant used in ABS as well as LDPE and LLDPE films, often in combination with Songnox(TM) 1680. This product provides outstanding color suppression.

o Songsorb(TM) 3600 is a UV absorber, and although suited to a wide range of polymers, is the product of choice for Polycarbonate, especially for extrusion coating. Songsorb(TM) 3600 uniquely combines high molecular weight, low volatility and high activity.

Dr. Sangha Kim, R&D Director for Songwon, stated he was pleased with the speed of the developments and added: "In line with our commitment to our customers to be able to respond to their needs and to the requests for products that are tailored to the end use applications as well as being easy to process, we have built on our existing range of polymer stabilizers. My team and I are very proud to announce these new products at K 2007, it is a clear demonstration of our capabilities that we will continue to build on."

Songwon has made a major commitment to invest in expanding capacity and having a full product range. In addition to the new products Songwon has introduced this year, the company has also commissioned a new world class facility in Maeam, South Korea demonstrating Songwon's commitment, consistency, and reliability as an industry partner.

About Songwon Industrial Co., Ltd.

Songwon Industrial Co., Ltd. is a leading producer of Songnox(TM) Antioxidants, Songlight(TM) Hindered Amine Light Stabilizers, Songsorb(TM) Ultraviolet Light Absorbers, heat stabilizers for the plastics industry, as well as plasticizers, 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., Shanghai Songwon Brilliant Chemicals Co., Ltd., Songwon International - India, and Matsubara Bussan Co., Ltd.

For further information and clippings, please contact: Europe Songwon International AG Dieter Morath, Executive Vice President EMEA Breitenstrasse 16 CH-8501 Frauenfeld Switzerland Tel: +41 52 635 0000 E-mail: dmorath@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 Shanghai Songwon Brilliant Chemicals Co., Ltd. Min Tian Shenfu Road, Jiuting Songjiang District, Shanghai 201615, China Tel: +86 1390 1731 931 Fax: +86 215 4450 988 E-mail: mtian@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 Email: jmcginley@songwonind.com

Agency Contact: Marketing Solutions Tessa Vroegop P.O. Box 58 4600 AB Bergen op Zoom The Netherlands Tel: +31 164 317 038 E-mail: tvroegop@marketingsolutions.be

Agency Contact - Americas: AH&M Marketing Communications Joe Bennett 152 North Street, Suite 340 Pittsfield, MA 01201 Tel: +1 413 448 2260 ext. 14 Fax: +1 413 445 4026 E-mail: jbennett@ahminc.com
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