SONGWON Announces Global Price Adjustment for Polymer Stabilisers and Coatings

Songwon Industrial Co., Ltd. announced a global price adjustment for its polymer stabiliser and coating product ranges. Depending on the product and region, prices will increase by 12–20%, effective April 15, 2026, or as permitted by existing contracts.

The price adjustment is necessary to offset significant increases in key raw material costs, continued pressure on operating margins, and rising freight and logistics expenses. The changes will be implemented in line with applicable contractual obligations and local regulations.

SONGWON will continue to work closely with its customers to implement these changes and remains committed to ensuring reliable supply and service during this period of heightened market volatility.

Source: SONGWON