• Immediate capacity increase for SONGSTAB™ liquid and solid mixed metal stabilizers • PVC stabilizer production in South Korea now supplemented by Uniwel in China • High product standard maintained through joint expertise Ulsan, South Korea – November 19, 2019 – Songwon Industrial Co., Ltd., the second largest manufacturer of polymer stabilizers in the world and a key global player in the polyvinyl chloride (PVC) stabilizer industry since 1965, has entered into a strategic co-operation agreement with JiangSu Uniwel Chemistry Co., Ltd., effective as of July 2019, to meet the ever-increasing need for PVC stabilizers. Both SONGWON and Uniwel will develop and manufacture the products, which will be sold under the companies’ respective brand names. “This partnership will provide us with immediate access to state-of-the-art production of liquid and solid mixed-metal stabilizers and competitive Chinese raw materials,” said Philippe...