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SONGWON Increasing Polymer Stabilizer Prices Globally

The price increase – up to 10% – is effective immediately or as contracts allow.

SONGWON Increasing Polymer Stabilizer Prices Globally

Anthony Locicero, Associate editor02.11.21

SONGWON Industrial Co., Ltd. announced that prices for all its polymer stabilizer products will be raised by up to 10%, depending on the product line and region.

These additional upward price adjustments are necessary due to higher raw material, energy and logistics costs and follow the price increases related to freight rates surge already announced in December 2020, the company said.

The price increase is effective immediately or as contracts allow.

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