Songwon announces global price increase for аntioxidants

Songwon Industrial Co., Ltd. one of the leading global polymer stabilizer manufacturers, will increase its global selling price of the SONGNOX® Antioxidants product range 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.

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.

Source: Songwon