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Songwon announces global price increase for its entire range of SONGNOX® Antioxidants

Songwon announces global price increase for its entire range of SONGNOX® Antioxidants

  • Other
  • Songwon Industrial Co., Ltd. (www.songwon.com) one of the leading global polymer stabilizer manufacturers, will increase its global selling price of the SONGNOX® Antioxidants product range of by 5 – 8% depending on product family. The increase will be effective on orders received on or after May 15, 2014, or as contracts allow.
  • Songwon
  • www.pressreleasefinder.com
  • info@marketingsolutions.be
  • Ulsan, Korea – April 14, 2014 –
  • SWPR114EN0414 Price Increase

The primary driver for this necessary increase is to re-establish reinvestment value of this business to support the growing demand in the market following the recent cost increases for raw materials and others.

Within the SONGNOX® Antioxidants product range, the increase will apply to Phenolics, Phosphites, Thioesters and Blends.

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