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2008-03-24
Manufacturing News
Songwon deal supplying organotin intermediates in Japan Songwon signs long term deal with Nitto Kasei to support demand for intermediates, mainly di-alkyl tin oxide, for the production of tin based PVC stabilizers and catalysts.
Songwon is pleased to announce their cooperation with Following a recent agreement between Nitto Kasei and Sankyo Organic Chemicals of Japan, who have decided to stop the activities of their chemicals division to produce Organotin Stabilizers and catalysts as of April 1, 2008, all production will be transferred to Nitto Kasei. Songwon, who was previously appointed as the supply partner to Sankyo
Organic Chemicals, has signed a long term agreement with Nitto Kasei to
support their demand for intermediates, mainly
Jongho Park, chairman and CEO of Songwon Industrial Co., Ltd. Commented, “This new agreement with Nitto Kasei reinforces our commitment to produce leading edge products and to maintain that position with key innovative developments; this is reflected in the long term nature of the agreement. We are also one of the few suppliers with backward integration into tin ingot which enables us to closely monitor quality and meet the demands of our customers.” Ryuichi Katsumura, president and CEO of Nitto Kasei Co., Ltd. Stated,
“This is a great opportunity for us and we are keen to maintain the additional
market share that we have taken on board from Sankyo and use that as a
base to foster future growth. The quality of our products is reliant on
key suppliers such as Songwon; we also needed to guarantee consistency
and continuity to meet our growth agenda which is why we are pleased with
the long term nature of this cooperation.” If you're an employer looking to fill a job opening, click here to find out about posting your job listing through Jobwerx.com. See all the Press Releases from Songwon sites. Read a recent article about -
. Polyurethane composite sandwich
for novel automotive load beds
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