Songwon’s thioester antioxidants jv in China becomes operational

Songwon Industrial (Ulsan, Korea) says that its previously announced joint venture with Tangshan Baifu Chemical (Tangshan, China), to produce thioester antioxidants at Tangshan has become operational. The jv is called Songwon Baifu Chemicals Tangshan and it began its operations on 1 July 2012. The jv has a production capacity of 8,000 m.t./year of thioester antioxidants. “Songwon Baifu Chemicals Tangshan delivers an important component to our product portfolio,” says  Jongho Park, chairman and CEO and head of the Songwon Industrial group...

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