Songyuan strives to further advance in the field of additives

Songnhara Group of Korea, the world's second largest supplier of polymer additives, is known for polymer additives such as antioxidants. During the China Rubber Show, Songyuan Executives introduced its advanced polymer additive solutions and introduced the company's development direction in China.
, head of China at Songyuan Group, said Songyuan values the Chinese market

. Songyuan currently has branches or offices around the world and nine production sites, including two joint ventures in China, where its business has been growing at double-digit rates.
at the China Rubber Show, Matsuhara highlighted its solutions in automotive and agriculture. This is Songyuan in line with the trend of the Chinese market research and development results. Philip Shreever, head of the functional chemicals division at Songyuan Group, says Chinese customers have been increasingly demanding high added value over the past five to seven years. In Songyuan's focused functional chemicals sector, customers expect products to last longer, be environmentally sound and safe. For example, additives in automobiles, today's customers are more sensitive to environmental effects. This gives Songyuan high-end environmental protection products a good space for development. As a result, Songhara has focused on the Chinese market by launching SONGXTEND 1103 and SONGXTEND 5057. SONGXTEND 1103 is a vehicle plastic additive that can effectively reduce VOC emissions. SONGXTEND 5057 is an auxiliary anti-aging agent that works with phenolic antioxidants to prevent product aging. These are new products that Songyuan brings to the Chinese market demand. Songyuan also introduced high-efficiency environmentally friendly lead-free stabilizers for PVC telecommunications cables and thermoplastic polyurethane elastomers (TPU) products for anti-punch-modified polyformaldehyde (POM).
, Matsuhara attaches great importance to the impact of environmental protection on the plastics industry. Matsuhara has just appointed a Sustainability Manager, a senior management position that considers raw materials, products and applications in the traditional supply chain to make the industry sustainable. In terms of environmental protection, Matsuhara believes that its high-performance additives have great advantages. First of all, the amount of additives themselves is very small, will also degrade, itself is not too much environmental harm. In addition, additives increase the life of plastic products, which reduces plastic waste. Songhara also advocates the recycling of plastics, and the company also has additive solutions for recycled plastics that enable them to be reused. However, for products such as PVC lead salt stabilizers, which do have an impact on the environment, Songyuan will be replaced, which is exactly where Songyuan's new products come in.
in the Chinese market, Songyuan mainly in the form of cooperation with partners to expand. In the future, Songyuan will continue to work with partners to bring Songyuan's advanced solutions to China. Mr Tian said Songyuan's model of cooperation in China had been successful. The joint venture is very experienced in China's petrochemical industry and has a good understanding of the direction of the development of The Petrochemical Industry. At the same time, Matsuhara values their relationships and sales capabilities with customers in the local market. Matsuhara's turnover has grown from $200 million in the past seven to 10 years to more than $700 million today, thanks to these partners. And after the influx of private enterprises into the industry, the additive market will be more open and more dynamic. Songhara remains open to cooperation with china's partners and will continue to move in that direction in the future.