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Songwon executive departs

March 09/2021

MOSCOW (MRC) -- Songwon Industrial Co., Ltd. the 2nd largest manufacturer of polymer stabilizers in the world, and key global player in the specialty chemicals business announced today that it has made further changes to its leadership structure to streamline the company moving forward, said Chemweek.

The changes have been implemented to support faster decisions, simplified processes and enable SONGWON to increase its agility by returning to its traditionally lean organizational structure. With these changes, Philippe Schlaepfer, Leader Division Performance Chemicals / Chief Sustainability Officer, is leaving the company. SONGWON thanks him for his many years of dedication to the business. The responsibilities related to this business function have been split within the Group.

As MRC reported earlier, in August 2017, South Korean specialty chemicals company Songwon Industrial Co Ltd  launched its new pilot plant in Panoli (Gujarat), thereby strengthening the organisations overall specialty chemicals development capability.

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,220,640 tonnes in 2020, up by 2% year on year. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, polypropylene (PP) shipments to the Russian market reached 1 240,000 tonnes in 2020 (calculated using the formula: production, minus exports, plus imports, excluding producers' inventories as of 1 January, 2020). Supply of exclusively PP random copolymer increased.

Headquartered in Ulsan (South Korea), Songwon Industrial Co is a leader in the development, production and supply of specialty chemicals. The second largest manufacturer of polymer stabilisers worldwide, Songwon operates group companies all over the world, offering the combined benefits of a global framework and readily accessible local organisations.


mrcplast.com
Author:Anna Larionova
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Category:General News
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