Songwon: Global price increases for the range of plastic additives

Songwon Industrial Group, a leading developer and manufacturer of polymer additives, will increase global prices of its Songnox® Antioxidants, Songlight® and Songsorb® UV Stabilizers, Songstab™ Acid Scavengers as well as of its range of aminic antioxidants by 8% effective on orders invoiced on or after June 1, 2012, or as contracts allow.

This price increase is necessary to recover raw material cost increases and support continued investment in reliable supply.