Songwon increases prices polymer stabilisers, speciality antioxidants

Songwon increases prices for polymer stabilisers, speciality antioxidants

7:16 AM, 23rd March 2017
Songwon logo

ULSAN, SOUTH KOREA: Songwon Industrial Co Ltd, a leading developer and manufacturer of polymer additives said that it will increase the global selling prices of its polymer stabilisers and speciality antioxidants products.

The increase will range between 5 percent and 8 percent.

Recent cost escalations in key raw materials combined with the need to reach profitability that supports reinvestment have made the increase inevitable. 

Within the polymer stabilisers product range, the increase will apply primarily to SONGNOX 6260, SONGNOX 6280, SONGNOX 2590, SONGNOX PTBP, SONGNOX 1077 and SONGNOX 6180 as well as to AO FR and AO RD within the speciality antioxidants product range.

© Worldofchemicals News 

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


Dutch Govt recognises AkzoNobel’s contribution to national sustainability

AMSTERDAM, NETHERLANDS: The Dutch government has signed an agreement with AkzoNobel NV recognising the company’s latest contribution to meeting ...

Read more
India aims for more sustainability in chemical exports

MUMBAI, INDIA: Sustained by the export growth of over 17 percent year over year (YoY), the Ministry of Commerce and Industry in India is encouraging a ...

Read more
Henkel innovations to celebrate this World Water Day

DUSSELDORF, GERMANY: Henkel AG on World Water Day focuses on reducing water consumption during production and use of products and on avoiding wastewat ...

Read more
A Schulman to increase colour masterbatches capacity in Europe

AKRON, US: A Schulman Inc said that it will increase its production capacity for colour masterbatches in Europe. The company is at the forefront ...

Read more
AkzoNobel rejects second unsolicited offer from PPG

AMSTERDAM, NETHERLANDS: AkzoNobel NV said that it has rejected a second unsolicited, non-binding and conditional proposal from PPG Industries Inc for ...

Read more
BASF expands herbicide production capacity in US; invests $270 mn

RESEARCH TRIANGLE, US: BASF opened its expanded production facility for herbicide dicamba in Beaumont, Texas. Dicamba is the active ingredient in BAS ...

Read more
www.worldofchemicals.com uses cookies to ensure that we give you the best experience on our website. By using this site, you agree to our Privacy Policy and our Terms of Use. X