Songwon establishes a strong foundation in India and South East Asia

Ulsan, Korea – June 17, 2010 – Songwon is pleased to announce the establishment of

Songwon International - India Pvt. Ltd. which is located in Mumbai and will be the headquarter for Songwon activities in India and South East Asia.

Dieter Morath, Executive Vice-President EMEA of Songwon International AG, said: “The establishment of Songwon International - India Pvt. Ltd. is a new milestone in our strategy to develop local presence in high growth regions. Demand for our products is growing rapidly and the region is fast becoming a very important market for us. We have chosen India because it is one of the key driving forces of global economic development and in particular we expect a continuous growth in the plastic related industries. India offers the perfect combination of a growing local and regional demand with an abundance of skilled and educated human resources.”

Nilesh Metha, General Manager of Songwon International - India Pvt. Ltd., added: “Although we have already developed a significant business in India and the region, we are demonstrating our commitment to support the continuous growth with a strong Songwon presence. Our aim is to provide the best service and support to our customers, so we have invested in key resources in sales, customer service and logistics. In addition we have established our own local warehouse which has allowed us to establish a very efficient and reliable supply chain. With our people now based in the region, our ability to understand and respond to customers’ requirements will be greatly enhanced.”

Dieter Morath concluded: “The establishment of Songwon International - India Pvt. Ltd. is a clear sign of our commitment to be a global leader in additives and provide local support to our customers. This region is an important and growing market for Songwon and we continue to look for opportunities to strengthen our local presence.”

Reader enquiries

Songwon Industrial Group
Walzmühlestrasse 48
8500 Frauenfeld
Switzerland
www.songwon.com

---

Notes for editors

About Songwon Industrial Co., Ltd.

Songwon Industrial Co., Ltd. is a leading producer of Songnox® Antioxidants, Songlight® Hindered Amine Light Stabilizers, Songsorb® Ultraviolet Light Absorbers, Heat Stabilizers for the plastics industry, as well as plasticizers, lubricants, surface coating agents, polyurethane, alkyl phenols, biphenol, flocculants and other chemicals. The Songwon Group of Companies includes Songwon Industrial Co., Ltd., Songwon International AG, Songwon International – Americas Inc., Shanghai Songwon Brilliant Chemicals Co., Ltd., Songwon International – India, and Songwon Japan KK.

Songnox, Songsorb and Songlight are registered trade marks of Songwon Industrial Co., Ltd.

This press release can be downloaded from www.PressReleaseFinder.com

For further information, please contact:

Europa

Songwon International AG

Dieter Morath, Executive Vice President EMEA

Breitenstrasse 16

CH-8501 Frauenfeld

Switzerland

Tel: +41 52 635 0000

E-mail: dmorath@songwonind.com

USA

Songwon International – Americas, Inc.

James J. McGinley, President Songwon International - Americas, Inc.

Toll Free: +1 877 SONGWON

Direct: +1 281 648 1585

Fax: +1 713 456 1812

E-mail: jmcginley@songwonind.com

MEA

Songwon Industrial Co., Ltd.

Peter Fleming, Director of Sales

Suite 706, 7th Floor, Trust Tower

Building 125, Road 1702

Diplomatic Area, Manama

Kingdom of Bahrain

Tel: +973 1650 0755

Fax: +973 1650 0501

E-mail: pfleming@songwonind.com

For editorial inquiries and clippings,

please contact:

Marketing Solutions

Kevin Noels

P.O. Box 58

4600 AB Bergen op Zoom

The Netherlands

Tel: +31 164 317 011

E-mail: knoels@marketingsolutions.be

Asia

Songwon Industrial Co., Ltd.

737-2 Yochon-dong, Nam-Gu

Ulsan 680090, Korea

Tel: +82 522 739 841

Fax: +82 522 723 528

E-mail: info@songwonind.com

Shanghai Songwon Brilliant Chemicals Co. Ltd.

Min Tian

Shenfu Road, Jiuting

Songjiang District

Shanghai 201615, China

Tel. +86 1390 173 1931

Fax +86 215 4450 988

E-mail: mtian@songwonind.com

Songwon International – India

Nilesh Mehta, Manager Songwon International-

India/Sales Manager South East Asia

Flat No. 307, B-Wing Kalpataru Building

Satya Nagar, Borivali (West)

Mumbai 400 092, India

Tel: +91 222 861 2053

Mobile: +91 982 055 6971

Fax: +91 222 861 2052

E-mail: nmehta@songwonind.biz

Songwon Japan KK

Jaewon Choi

Hamamatucho Square 18F room 1802

Hamamatucho 1-30-5, Minato-Ku, Tokyo

105-0013 Japan

Tel: +81 3 6430 6281

Fax: +81 3 6430 6284

E-mail: jwchoi@songwonind.com