Songwon announces global price increases for its range of Plastic Additives

Songwon Industrial, 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 between 8 and 15% effective on orders received on or after March 1, 2011, or as contracts allow.

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