Published On: Fri, Sep 28th, 2012

Songwon to cease production of Tin Agrochemicals Songcat™ FENBUTAN and Songcat™ CYTIN

Songwon to cease production of Tin Agrochemicals Songcat™ FENBUTAN and Songcat™ CYTIN

Songwon to cease production of Tin Agrochemicals Songcat™ FENBUTAN and Songcat™ CYTIN

Ulsan, Korea – September 27, 2012 – Songwon Industrial Co., Ltd. will discontinue the manufacture of Tin Agrochemicals at its Ulsan (Korea) facility from January 1, 2013 onwards. The products affected will be raw materials used in the production of Organotin Agrochemicals that prevent disease of mites on apples, pears, grapes and oranges, vegetables and other crops.

K.T. Jeong, the Songwon Business Manager for PVC Stabilizers and Tin Intermediates, stated: ”The demand for Fenbutan and Cytin in pesticides has been in decline for the past several years, driven primarily by the overall awareness of the informed consumer in the use of chemicals in food production. Regulatory standards have also strengthened, with the result that a significant increase in capital will be required to bring the current operations up to compliance. Songwon continues to be a leader in environmental stewardship and meeting health and safety regulations.

The combination of these factors are the driving force behind Songwon’s decision to cease production of Organotin Agrochemicals.“ The discontinuation of Songcat™ FENBUTAN & Songcat™ CYTIN will not however, in any way, affect Songwon’s production of other tin based products. Songwon will continue to produce and ship Tin Agrochemicals until December 31, 2012 for all existing open orders. For further information please contact your local sales representative – contact details by region on page 3.

Songwon Industrial Co., Ltd. is a leading producer of Organotin Catalyst and Organotin Intermediates marketed under the brand Songcat™, and Organotin heat stabilizers marketed under the brand Songstab™. Catalyst applications include automotive paint, polymerization reactions, and transesterification reactions. The Organotin Intermediates are used as raw materials in the production of heat stabilizers and glass coatings. Songwon’s brand of heat stabilizers is primarily used in PVC and Styrenic applications. Over the past 30 years, the Organotin business has grown into one of Songwon’s core businesses with the production of Butyl, Methyl, and Octyltin compounds.

About Songwon Industrial Co., Ltd.
Songwon Industrial Co., Ltd. is a leading producer of Songnox® Antioxidants, Songnox® One Pack Systems, Songlight® Hindered Amine Light Stabilizers, Songsorb® Ultraviolet Light Absorbers, Songstab™ Acid Scavengers, Songstab™ PVC Stabilizers, Songcat™ Tin Intermediates, Songcizer™ Plasticizers for the plastics industry, as well as lubricants, surface coating agents, polyurethane, alkyl phenols, biphenol, flocculants and other chemicals. The Songwon Group of Companies includes Songwon Industrial Co., Ltd., Songwon Holdings AG, Songwon International AG, Songwon International – Japan K.K., Songwon China Ltd., Songwon Industrial Co. Ltd.

Representative Office Bahrain, Songwon Additive Technologies AG, Songwon ATG GmbH, Songwon International – Americas Inc., Songwon International – India Pvt. Ltd., Songwon Trading Co. Ltd, Songwon Chemicals Co. Ltd. and Songwon Baifu Chemicals (Tangshan) Co., Ltd. Songnox, Songsorb and Songlight are registered trade marks of Songwon Industrial Co., Ltd.  Songcat, Songcizer and Songstab are trade marks of Songwon Industrial Co., Ltd.