Songwon Mulls Stabilizer Manufacture in the Mideast

Songwon Industrial (Ulsan, Korea), the second-largest producer of polymer stabilizers after the former Ciba Specialty Chemicals, is looking at options to establish manufacturing activities in the Mideast, following the company’s recent opening of a warehouse at Manama, Bahrain (CW, Nov. 23/30, 2009, p. 33). “The opening of our office and warehouse there was the first step that we have taken to become local in the Mideast,” Maurizio Butti, CEO of Songwon International (Frauenfeld, Switzerland) tells CW. The company would start with the production of one-pack...

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