Songwon: Global price increases for Songnox® Range of Antioxidants

Songwon Industrial, a leading developer and manufacturer of polymer additives, will increase global prices of its Songnox® antioxidants between 10 and 20% effective October 1, 2011, or as contracts allow.

This price increase is necessary to recover the unprecedented raw material cost increases over the last two years and to support continued investment in reliable supply, comments the company.