SONGWON INDUSTRIAL
Thioester joint venture with Tangshan Baifu Chemical is formalised
Jongho Park, chairman and CEO of the Songwon Industrial Group Executive Committee and Weiqi Zhang, Chairman of Tangshan Baifu Chemical and now Chairman of Songwon Baifu Chemicals (Tangshan) signed the agreement in 2010 (Photo: Songwon Industrial) |
Korean polymer additives manufacturer Songwon Industrial (Ulsan; www.songwonind.com) and Tangshan Baifu Chemical (Tangshan / China) have formalised their joint venture, which was initially announced in 2010 – see Plasteurope.com of 03.11.2010. The new company is called Songwon Baifu Chemicals (Tangshan) has a production capacity of 8000 t/y of thioester antioxidants and commenced operations on 1 July 2012.
Thioesters such as DLTDP, DSTDP, DTDTP and DMTDP, marketed and sold as “Songnox” thioester antioxidants, are widely used in PE, PP, ABS, HIPS, polyester and PA, as well as other materials.
Thioesters such as DLTDP, DSTDP, DTDTP and DMTDP, marketed and sold as “Songnox” thioester antioxidants, are widely used in PE, PP, ABS, HIPS, polyester and PA, as well as other materials.
26.11.2012 Plasteurope.com [223925-0]
Published on 26.11.2012