HZ info – Songwon Industrial Co., Ltd. announced a global price increase adjustment for its Polymer Stabilizers and Coatings product ranges. Depending on the product and region, the increase will be 12-20% and become effective April 15, 2026, or as contracts allow.

This price adjustment is necessary to offset significant increases in key raw material costs, continued pressure on operating margins and escalating freight and logistics costs. It will be implemented in accordance with applicable contractual obligations and local regulations.

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