South Korea’s additives supplier Songwon Industrial Group has been busy in the market having recently set up a joint venture with Pan Gulf Holdings of Saudi Arabia and Polysys Industries of Abu Dhabi to produce its Songnox OPS
Songwon Additives Technology, a holding company based in Switzerland, owns 100% of Songwon ATG (formerly Additives Technology Greiz (ATG)), one of Europe’s largest manufacturers of One Pack Systems (OPS), and is at an advanced stage of establishing manufacturing companies in the Middle East and US. In addition Songwon Additives Technology will establish a wholly owned subsidiary, Songwon Additives Technology Middle East, for the sale of Songnox OPS and other Songwon products. Sales in the rest of the world will be channeled through the existing Songwon sales and distribution network.
(PRA)