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SONGWON to announce global price increases for its polymer stabilizers

SONGWON Industrial Co., Ltd. announced that prices for all its polymer stabilizers products will be raised by up to 10%, depending on the product line and region.

This additional upward price adjustments are necessary due to higher raw material, energy and logistics costs and follows the price increases related to freight rates surge already announced in December 2020.

The price increase is effective immediately or as contracts allow.

Source: SONGWON

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