Songwon announces price increase and freight surcharge for polymer stabilizers and coatings
Songwon Industrial announced today that it is implementing a price increase and adding a freight surcharge on its polymer stabilizers and coatings products in response to the impacts on costs and lead times caused by the current global logistics situation.
The price increase will be implemented with immediate effect and/or as contracts allow depending on the product and region. The level of freight surcharge will also depend on the product, region and shipping route and will take effect immediately or as contracts allow.
A leader in the development, production and supply of specialty chemicals. Headquartered in South Korea, Songwon is the 2nd largest manufacturer of polymer stabilizers worldwide.
