South Korea’s Songwon Industrial Co., Ltd., a key global player in the plastics additives business and the second-largest manufacturer of polymer stabilizers in the world, will be at K 2019 to showcase its extensive portfolio of high-performance solutions and its ongoing commitment to the plastics industry.
|Songwon’s Morath” “New synergists can be used with halogenated systems to reduce the quantity of antimony synergist required.”|
Among the new product releases will be an entirely new family of flame-retardant synergists based on a proprietary technology designed to combine high performance with safety and sustainability. The flame retardants will be produced at the Songwon facility in Panoli, India. According to Songwon board member Dieter Morath, the new products can be used with halogenated systems to reduce the quantity of antimony synergist required, with other types of flame retardant, or alone.
Songwon took time out in 2014–2015 to, in Morath’s words, “rationalize its product portfolio, markets, and customers and prepare of the next generation of growth.” This strategy has borne fruit, with the company releasing 10 new products in 2018, including flame retardants, as it remains on track to become a $1 billion company by 2021.
Songwon is also leveraging partnerships such as the one it has with China’s Disheng Technology Co., Ltd, located in Jiangsu Province. After successfully cooperating for several years, both companies recognized it was an opportune time to expand their collaboration and enter into a strategic long term agreement for a range of Songwon’s UV absorbers. Disheng is currently in the process of building a new state-of-the-art factory dedicated to light stabilizers in Fujian Province, China to become one of the largest producers of such products worldwide. Within the framework of the partnership, Disheng will supply Songwon with a wide range of its UVAs (Songsorb and Songsorb CS) for plastics and coatings applications. The products will be sold globally under the Songwon trademark.
Songwon also continues to distribute hindered amine light stabilizers (HALS) produced by Sabo. The most recent product development is Sabo Stab UV 216, which has shown to provide outstanding thermal and UV protection to greenhouse films with resistance to agrochemicals ensuring two or more years lifetime even in the presence of high concentrations of sulfur. Sabo Stab UV 216 exceeds the pesticide resistance achieved by Sabo Stab UV 119, the well-known HALS broadly used to stabilize polyethylene-based greenhouse covers.
At K 2019, Songwon (Hall 6, Stand B07) will be featuring an array of products and application-tailored solutions from its broad and growing portfolio that meet the most stringent demands and enable breakthrough applications across major growth sectors such as automotive, electronics, packaging and films, healthcare, agriculture and many more. Another key feature will be the company’s increased focus on sustainability, underscoring the organization’s commitment to the UN’s Sustainable Development Goals and to addressing the world’s pressing issues – including energy and greenhouse gas reduction, water conservation and material efficiency.
Contributing to plastics recycling is an important issue for Songwon, its customers and the environment and has led the company to develop several strategies for polyolefin automotive compounds. It is also collaborating with various project partners along the product value chain relating to the circular economy. Furthermore, the company also looks inside in a continual drive to optimize processes, more efficiently source and use resources to reduce Songwon’s environmental impact and explore solutions to improve the recyclability of plastics.
One of its most recent successes was to become one of the first chemical companies in the world to package its products in 20kg PE-bags made with 50% recycled PE sourced from its customers. The bags are designed for up to four cycles of usage.