Songwon, SABO strengthens light stabilisers partnership

Songwon, SABO strengthens light stabilisers partnership

8:48 AM, 12th May 2017
Songwon and SABO logo

ULSAN, SOUTH KOREA: Songwon Industrial Group and SABO SpA, a leader in the development and manufacturing of hindered amine light stabilisers (HALS), announced plans to further strengthen their already successful collaborative partnership.

The two industry leaders joined forces in 2012 to support their strategic ambitions to establish a global presence for light stabilisers in the plastic industry. Songwon became the exclusive global distributor of SABO’s range of HALS light stabilisers in the regional markets outside of Europe, where both organisations had recognised a large potential for growth. Under a non-exclusive agreement for the European HALS market, the two companies remained as independent suppliers.

Within the cooperation, both organisations also agreed to combine their technology and expertise to develop new solutions to meet customers’ demands for innovative and high-performance light stabilisation packages. In the past five years, the partnership has continued to go from strength to strength.

Together, they have successfully developed and introduced new light stabilisers for the automotive industry such as SABO STAB UV 228 50PP light stabiliser and SABO STAB UV 229 50PP light stabiliser. Both products outperform standard UV stabilisers and this makes them ideal for automotive exterior/interior parts like bumpers, where surface, colour protection and gloss are key quality requirements.

Under the strategic partnership, Songwon and SABO are also extending their joint development agreement. The move is designed to strengthen the innovation potential of the two organisations, enabling them to better respond to the demands of the industry, as well as to meet the needs of their global customers.

“This latest jointly developed solution provides our customers in the automotive industry with the same light stability performance, improved light stability at lower concentrations and lower VOC emissions and fogging,” said Thomas Schmutz, leader global technical service & application development, Songwon.

“Songwon and SABO truly understand the challenges our customers face and all of our development efforts are governed by their needs. By continuing our successful cooperation with such a strong partner, we aim to increase market penetration, enhance the profitability of our light stabilisers and facilitate the development of next-generation solutions,” said Elena Scaltritti, leader polymer stabilisers.

“At SABO, we are very pleased with the progress we have made with Songwon’s team in all areas of our joint effort. And we look forward to continuing to leverage our innovation synergies to create even more value for our customers around the world,” added Alberto Vischetti, global head plastic additives, SABO.

© Worldofchemicals News 



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