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SONGWON to launch new family of flame-retardants & showcase the strength of its overall strategy
• SONGWON launches its new range of flame-retardants
• SONGWON underpins ongoing commitment to sustainability
• SONGWON highlights the strength of its global strategy
Songwon Industrial Co., Ltd., the 2nd largest manufacturer of polymer stabilizers in the world and a key global specialty chemicals player will be highlighting the success of its corporate strategy and its innovation strength when it launches an entire new family of flame-retardant synergists at K 2019.
Since its foundation over 50 years ago, SONGWON has progressively grown from being the only plastic additives manufacturer in Korea in 1965 to a global leader in the development, production and supply of specialty chemicals. At K 2019, SONGWON will be featuring an impressive array of products and application-tailored solutions from its broad and growing portfolio. The company’s complete spectrum of solutions fulfils the most stringent requirements and makes breakthrough applications possible across major growth sectors such as automotive, electronics, packaging and films, agriculture and many more, while also responding to the demands for increased sustainability.
SONGWON’s growing innovation capacity
Over the years, the company has been increasing its innovation capacity and the continued expansion of its relatively new Technology Innovation Center in Maeam, South Korea is enabling the organization to go from strength-to-strength.
Investing in such a state-of-the-art facility has also increased the company’s ability to leverage the synergies throughout the global organization, consolidate SONGWON’s technologies, and support the complete development of new products from the design phase to final customer applications. Thus, SONGWON is now in a position to offer even more efficient, high performing sustainable products that create value for both customers and society.
SONGWON’s high-performance solutions
​At K 2019, SONGWON is showcasing its latest high-performance solutions and technical expertise combined with over 50 years of industry experience. Always placing the greatest importance on building strong customer and supplier relationships, SONGWON helps its customers meet industry requirements by understanding the challenges they face on a daily basis. Over the past few years, the company has concentrated its efforts on building a more balanced and complementary business portfolio and has positioned itself to not only win an additional share of existing markets, but also to successfully expand into newer ones.
During K 2019, customers will have the chance to learn more about SONGWON’s broad offering for the plastics industry, including polymer stabilizers, specialty polymers and PVC additives, as well as its latest advances in electronic chemicals, coating additives and functional monomers.
SONGWON’s newest product family
A highlight at K 2019, will be the launch of SONGWON’s latest product family. In keeping with its commitment to consistently improve the sustainability of its products and processes, SONGWON has leveraged its expertise in additives to create a flame-retardant synergist portfolio that will fuel the growth of halogen free solutions. The new range, with its synergistic effects, is designed to provide high performance and competitive advantages in a broad range of applications and is an excellent example of the high level of innovative expertise at SONGWON.
A focus on sustainability
Sustainability, is another major topic for SONGWON at K 2019. As a global leader, the organization is dedicated to fulfilling its responsibility for the environment and society. With an all-encompassing approach to sustainability along the entire value chain being a part of its core value-driven strategic orientation, the company will be highlighting its ongoing commitment to quality, innovation and sustainability throughout K 2019 as well as its efforts to contribute to and support the transition to a circular economy.
SONGWON is ready to launch the latest addition to its already extensive portfolio of high-performance solutions – a new family of flame-retardant synergists and reinforcing its commitment to supporting the transition to a circular economy
Songwon Industrial Co., Ltd., a key global player in the specialty chemicals business and the 2nd largest manufacturer of polymer stabilizers in the world, will be at K 2019 to showcase its extensive portfolio of high performance solutions and its ongoing commitment to the plastics industry.
In Hall 6, Stand B07, SONGWON will highlight its ever-increasing industry presence, expanded capabilities and specialty chemicals strength. The company will be featuring an impressive array of products and application-tailored solutions from its broad and growing portfolio that meet the most stringent demands and enable breakthrough applications across major growth sectors such as automotive, electronics, packaging and films, healthcare, agriculture and many more. Another key feature will be SONGWON’s increased focus on sustainability, underscoring the organization’s commitment to the UN’s Sustainable Development Goals and to addressing the world’s pressing issues – including energy and greenhouse gas reduction, water conservation and material efficiency.
SONGWON at K 2016 – the world’s largest and most important trade fair for the plastics and rubber industry. Take a look at what was. There’s more to come at K 2019!
Industry-leading innovation
Every day, SONGWON’s products touch the lives of everyone, everywhere. With 360° presence, the company’s products are used e.g. all over the home in decorative, architectural, furniture, cabling and flooring applications. Furthermore, they can also be found throughout the automotive, transportation, industrial, agricultural, printing, food and healthcare sectors as well as a wide range of other areas which touch our daily lives.
With its pioneering know-how backed by over 5 decades of experience and advances in plastics stabilizers development and technologies, SONGWON offers customers added value and provides differentiation potential by continually pushing the boundaries of plastics performance.
At K 2016, SONGWON launched its new corporate image & presented a wide range of high-performance solutions.
Since 2015, SONGWON has steadily expanded its portfolio of high-performance solutions beyond its standard polymer stabilizers to include lubricant additives, coatings stabilizers, electronic chemicals, new PU grades, functional monomers, etc. In 2018, SONGWON introduced 10 new products and is set to launch at K 2019 an entirely new family of flame-retardant synergists based on a proprietary technology designed to combine high performance with safety and sustainability.
SONGWON to unveil its newest product line flame retardants at K 2019
In 2017, SONGWON invested in a new ‘state-of-the-art’ Technical Innovation Center in South Korea. The center provides a valuable ‘hub’ right across the business and enables the company to accelerate its development of new innovations and maintain its competitive edge. Most recently, to support the needs of existing and new business, new application labs for lubricants and coatings started up in the center.
SONGWON opens new Technology Innovation Center in Maeam, South Korea
Increasing capabilities
To meet increasing market requirements, SONGWON’s strategy includes expanding its global manufacturing footprint. Over the years, the organization has been increasing its production capacity to correspond to the needs of the markets it serves. This ensures that SONGWON can consistently provide the level of reliability and continuity of supply that it is known for. In its state-of-the-art facilities, SONGWON manufactures an unequaled range of antioxidants and UV stabilizers and offers a full range of physical forms at world scale capacities. Full backward integration in alkyl phenols and further integration into isobutylene, enhances production effectiveness and ensures SONGWON’s continued competitiveness. Using its proprietary technology, the company is able to deliver customers the highest levels of quality and consistency together with security of supply.
SONGWONS’s Ulsan plant, South Korea
Most recently, SONGWON increased its shareholding in its joint venture Qingdao Long Fortune Songwon Chemical Co., Ltd. in China which manufactures the one-pack system (OPS) customizable solutions and supplies SONGWON’s complete range of polymer stabilizers to Chinese polyolefins producers.
Leveraging its global reach and leading position in polymer and coatings stabilizers, SONGWON entered a partnership with Disheng Technology Co., Ltd. in 2018 for the production of UVA light stabilizers. The partnership marks another step for the organization to ensure long-term and reliable access to additional capacity for its key products and enables SONGWON to continue delivering the sustainable supply reliability its customers expect.
SONGWON announces partnership with Disheng Technology Co., Ltd.,
This year, SONGWON also strengthened its collaboration with long-term partner SABO S.p.A. (www.sabo.com), a world leader in the development and manufacturing of hindered amine light stabilizers (HALS). SABO’s recently launched innovative light stabilizer system,
SABO®STAB UV 216 was especially developed for tough agricultural applications and offers the industry another solution with unparalleled performance. SONGWON will promote SABO®STAB UV 216 by building on the unique combination of SABO expertise and strong in-the-field support from SONGWON’s Technical Service, its Global Application Community and highly experienced sales team.
New SABO®STAB UV 216 developed for tough agricultural applications
Contributing to a more sustainable future
Global sustainability issues have always been at the core of SONGWON’s business strategy, built on the organization’s commitment to preserve natural resources and maximize their efficient use where possible. Today’s customers want solutions that can support them to reduce their environmental footprint by cutting consumption during manufacturing and reduce the weight of their products. They also seek products that are more easily recycled or include recycled materials.
SONGWON’s product portfolio, technological expertise and history of innovation enable the development of materials that can help customers tackle a wide variety of environmental issues. SONGWON’s products make plastics more durable allowing easier recyclability and reducing waste. They also support the development of stronger materials with lighter weights which require fewer resources. By helping customers select the most suitable stabilization systems for their applications, SONGWON is positively helping to reduce emissions and waste streams over the life cycles of its customers’ products.
SONGWON successfully showcased its commitment to innovation at K 2016
Contributing to plastics recycling is an important issue for SONGWON, its customers and the environment and has led the organization to develop several strategies for polyolefin automotive compounds. It is also collaborating with various project partners along the product value chain relating to the circular economy. Furthermore, the company also looks inside in a continual drive to optimize processes, more efficiently source and use resources to reduce SONGWON’s environmental impact and explore solutions to improve the recyclability of plastics. One of its most recent successes was to become one of the first chemical companies in the world to package its products in 20kg PE-bags made with 50% recycled PE sourced from its customers.
To lead the development of the SONGWON’s global sustainability strategy and ensure that a sustainability framework is embedded and aligned in its corporate strategy and planning, SONGWON’s 1st Chief Sustainability Officer, Olivier Keiser was appointed in April.
Olivier Keiser, Chief Sustainability Officer, SONGWON Industrial Group
“SONGWON’s success is built on innovations focused on combining the best possible efficiency and economy with high reliability in production for our customers,” says Keiser. “By combining our strong capabilities with our committed approach to bringing the latest, sustainable innovations to the market we can respond to some of the world’s most pressing challenges while offering our customers new opportunities for differentiation and driving a more sustainable future for society.”
Set for further growth
Since the implementation of the new organizational structure based on strategic business units was introduced in 2015, SONGWON’s turnover has grown by almost 21%. In addition, its global team comprising 28 different nationalities has also increased by almost 32%. By understanding and anticipating market needs SONGWON has continued to build strong customer and supplier relationships and consolidated its competitive position throughout the industry.
Committed to enhancing its capabilities and staying on top of trends, SONGWON has extended its efforts and focused on new areas of interest that indicate above average growth prospects. These efforts have created a basis for the company to establish an even stronger, more balanced business portfolio. Today, SONGWON is ideally positioned to win additional shares in existing markets and continue expanding its business into new markets.
SONGWON presented its complete portfolio of products and a wide range of diverse solutions at K 2016
“SONGWON’s success has always come from listening to customers and transforming their needs into solutions that add value and help them to overcome the challenges they face,” says Butti. “At K 2019, we are looking forward to closely engaging with them at the fair, while showcasing our strength in specialty chemicals and our commitment to the plastics industry.”
SONGWON’s global and local representatives look forward to welcoming you in Hall 6, Booth B07 at K 2019 from October 16-23.
Visit SONGWON at K 2019, hall 6, booth B07
About Songwon Industrial Co., Ltd.
SONGWON, which was founded in 1965 and is headquartered in Ulsan, South Korea, is a leader in the development, production and supply of specialty chemicals. The second largest manufacturer of polymer stabilizers worldwide, SONGWON Industrial Group operates companies all over the world, offering the combined benefits of a global framework and readily accessible local organizations. Dedicated experts work closely together with customers to develop tailor-made solutions that meet individual requirements.
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Visit us at the K show. We are looking forward to welcoming you at our booth:
Hall 6 / Booth B07
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Songwon International AG
