Songwon raises price of its entire range of Songnox antioxidants

SONGWON Industrial Co., Ltd., one of the leading global polymer stabiliser 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.