SONGWON and SABO extend long-term partnership

July 5, 2021 – Songwon Industrial Co.
, Ltd.
is pleased to announce today that the exclusive worldwide (non-exclusive, European-wide) representation with SABO AG for the SABOSTAB® HALS product portfolio has been renewed, including hindered amine photostable Agents (HALS) and oxalimide UV absorber products
.

Further collaboration will allow both companies to maintain their market leadership and to pursue a common growth strategy by focusing on opportunities outside Europe, especially in automotive and agricultural applications, as well as in building and construction
.

Elena Scaltritti, Head of the Commercial Department of Songyuan Group, said about the continuation of the partnership: "The close cooperation between Songyuan and SABO over the years is an excellent and unique example of two market leaders who share a common philosophy and values.
Great results can be achieved driven by a deep shared commitment to addressing industry needs and global customer needs
.
We look forward to building on our already strong partnership to grow and progress together
.
”

Alberto Vischetti, Vice President of Polymer Additives at SABO AG, said: "The cooperation between SABO and Songwon has been very successful for almost ten years
.
This partnership between the two parties is based on solid trust and mutual expertise.
We are delighted by the continuation and we value the opportunity to continue to combine the strengths and capabilities of both parties to achieve our ambitious performance goals in polymer additives
.
"

Earlier in 2021, the two industry leaders also renewed their strategic collaboration in the coatings business with the aim of developing and manufacturing new HALS products that will allow Songwon to meet high-end market demands under the SONGSORB® CS brand
.