12.05.18
SONGWON Industrial Co., Ltd. said it entered into a partnership with Disheng Technology Co., Ltd, (Jiangsu Province, China) for the production of some of its UVA light stabilizers.
Disheng is currently in the process of building a new state-of-the-art factory dedicated to light stabilizers in Fujian Province, China.
Within the framework of the partnership, Disheng will supply SONGWON with a wide range of its UVAs (SONGSORB and SONGSORB CS) for plastics and coatings applications. The products will be sold globally under SONGWON trademark.
In partnership, the companies will:
“Entering into a partnership with a highly regarded and technically competent company such as Disheng that ensures long-term and reliable access to additional capacity for key products represents a significant step towards realizing our strategic plans going forward,” said Maurizio Butti, CEO of SONGWON Industrial Group. “It will not only support long-term growth but more importantly it will enable SONGWON to continue delivering the sustainable supply reliability our customers expect.”
"...SONGWON... will leverage its global reach and leading position in polymer and coatings stabilizers to market the products, while Disheng will focus on managing the manufacturing side. In this way we can make the best use of both companies’ complementary strengths” added Xingping Pan, president of Disheng Group.
Disheng is currently in the process of building a new state-of-the-art factory dedicated to light stabilizers in Fujian Province, China.
Within the framework of the partnership, Disheng will supply SONGWON with a wide range of its UVAs (SONGSORB and SONGSORB CS) for plastics and coatings applications. The products will be sold globally under SONGWON trademark.
In partnership, the companies will:
- Ensure the availability of best-in-class products, processes and EHS practices;
- Further strengthen SONGWON’s supply reliability for this product range thanks to reserved production capacities;
- Closely cooperate on a technology level for the development of future light stabilizers
“Entering into a partnership with a highly regarded and technically competent company such as Disheng that ensures long-term and reliable access to additional capacity for key products represents a significant step towards realizing our strategic plans going forward,” said Maurizio Butti, CEO of SONGWON Industrial Group. “It will not only support long-term growth but more importantly it will enable SONGWON to continue delivering the sustainable supply reliability our customers expect.”
"...SONGWON... will leverage its global reach and leading position in polymer and coatings stabilizers to market the products, while Disheng will focus on managing the manufacturing side. In this way we can make the best use of both companies’ complementary strengths” added Xingping Pan, president of Disheng Group.
