Mar 19 2007
Songwon announces the opening of the European Headquarter of its affiliate Songwon International AG, in Frauenfeld, Switzerland. “This is the culmination of the efforts last year to establish Songwon International as our direct channel to market in Europe, the Middle East, Africa, Western Asia, and the Americas”, said Jongho Park, Chairman and CEO of Songwon Industrial Co. Ltd.
Maurizio Butti, CEO and President of Songwon International, commented “It gives me great pleasure to announce the opening of our headquarter and customer service center in Frauenfeld which is conveniently located just outside of Zurich. Now we are centrally located within Europe to continue to develop our strong position in our market area. We have implemented state of the art systems and processes to insure customer satisfaction through an effective and efficient supply chain.”
“We have made great progress along the four point plan we announced in September of last year”, adds Jongho Park. The plan included the investment in a second grass roots antioxidant facility, the establishment of a direct channel to market, the extension and expansion of the product range, and an emphasis on innovation. The construction of the Maeam plant is ahead of schedule and is now scheduled for an April start-up, as announced in January. The Songwon Group of Companies has grown and now includes Songwon International AG and Songwon International – Americas Inc. The product range consists of Songnox antioxidants, Songlight hindered amine light stabilizers, and Songsorb ultraviolet light absorbers.
Maurizio Butti continued “The goal of our plan is to become a strategic partner to our customers by positioning ourselves to supply across the broad range of their polymer stabilizer requirements. We are listening to our customers’ evolving needs and our technical teams are energized with the opportunities to develop products and solutions to meet those needs.”