Songwon, Sabo establish light stabilizers polymer industry

Songwon, Sabo to establish light stabilizers for polymer industry

5:26 AM, 11th October 2012
Songwon, Sabo to establish light stabilizers for polymer industry

ULSAN, KOREA: Songwon has entered into long term distribution arrangements with Sabo SpA representing a further milestone in its long-term strategic ambition to be a leading supplier of polymer stabilizer solutions to the global polymer industry. The distribution agreements, which are largely in effect since 1 September 2012 are concluded for the long term whereby Songwon distributes Sabo’s HALS (hindered amine light stabilizer) product range of light stabilizers on a global basis.

Songwon will closely cooperate with Sabo on the regional HALS-markets outside Europe where both of them see big potential for growth. However, on the European HALS-market Songwon and Sabo will act strictly independent from each other whereby Songwon will be free in distributing Sabo’s as well as other HALS products.

Both companies will also contribute their technology and expertise to develop future solutions that meet customers’ demands for innovative and high performance light stabilization packages solving challenges in outdoor applications for polymers.

“These distribution agreements extend our reach and provide support locally, and to all key customers along the value chain, particularly in non-European regions which would have been otherwise more restricted. Our joint capabilities will drive significant growth in these regions as our broader customer reach will allow us together with Songwon to meet the market needs now and in the future,” said Germano Peverelli, Managing Director, Sabo.

© WOC News 



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