March 13, 2026 – Songwon Industrial Co., Ltd. announces a global price increase across its portfolio of polymer stabilizers and coating products. The price adjustment, varying by product and region, will range from 12% to 20%, effective April 15, 2026, or as applicable per contractual terms.

This adjustment is intended to offset significant increases in key raw material costs, ongoing operational margin pressures, and rising transportation and logistics expenses. The changes will be implemented in accordance with applicable contractual obligations and local regulations.

Amid intensifying market volatility, Songwon remains committed to working closely with customers throughout this transition, while upholding its dedication to ensuring stable, reliable supply and service.