SONGWON
Distribution cooperation with Italian Sabo for light stabilizers
Polymer additives producer Songwon Industrial (Ulsan / South Korea; www.songwonind.com) has entered into a distribution arrangement with Sabo SpA (Verdellino Bergamo / Italy; www.sabo.com) for light stabilizer solutions. The deal which is in effect since 1 September 2012 is concluded for the long term whereby Songwon distributes Sabo's monomeric and polymeric HALS (Hindered Amine Light Stabilizer) product range of light stabilizers on a global basis.
Songwon will closely cooperate with Sabo on the regional HALS markets outside Europe where both of them see big potential for growth. However, on the European HALS market Songwon and Sabo will act strictly independent from each other whereby Songwon will be free in distributing Sabo's as well as other HALS products.
Both companies will also contribute their technology and expertise to develop future solutions that meet customers’ demands for innovative and high performance light stabilization packages solving challenges in outdoor applications for polymers.
Songwon will closely cooperate with Sabo on the regional HALS markets outside Europe where both of them see big potential for growth. However, on the European HALS market Songwon and Sabo will act strictly independent from each other whereby Songwon will be free in distributing Sabo's as well as other HALS products.
Both companies will also contribute their technology and expertise to develop future solutions that meet customers’ demands for innovative and high performance light stabilization packages solving challenges in outdoor applications for polymers.
15.10.2012 Plasteurope.com [223610-0]
Published on 15.10.2012