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| 2014-04-17, 06:01 |
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Songwon: Global price increase for Songnox Antioxidants
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Songwon Industrial Co., Ltd. announced to 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. Advert The primary driver for this 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, says Songwon.
Within the "Songnox" Antioxidants product range, the increase will apply to Phenolics, Phosphites, Thioesters and Blends. More information: www.songwon.com |
Songwon International AG, Ulsan, Korea
