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10-11-2012

Songwon/Sabo: Distribution Arrangements

Songwon International AG, Ulsan, Korea, has entered into long term distribution arrangements with Sabo SpA Levate, Italy. The distribution agreements, which are largely in effect since September 1, 2012 are concluded for the long term whereby Songwon distributes Sabo’s HALS product range of light stabilizers on a global basis. Songwon will closely cooperate with Sabo on the regional HALS-markets outside Europe where both of them see big potential for growth. However, on the European HALS-market both companies will act strictly independent from each other whereby Songwon will be free in distributing Sabo´s as well as other HALS products.

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