Songwon Ahead of Schedule

Songwon Industrial Co. Ltd. (Ulsan, Korea) says it is ahead of schedule to build its second antioxidants plant at Ulsan, Korea, and now expects to be online in April. The new plant will increase phenolic and phosphite antioxidant capacity by 60%, to 55,000 m.t./year. The plant will include back integration into key raw materials and intermediates, Songwon says. The company says it plans to increase capacity to 80,000 m.t./year as soon as market demand justifies such...

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