South Korean additives maker Songwon Industrial Co. Ltd. plans to continue its aggressive push into global markets by building a $20 million isobutylene plant. The firm, which currently ranks third in the world in its specialized market of antioxidant additives and other stabilizers, said the new facility in Maeam, South Korea, will cut costs of its raw materials. Chairman Jongho Park speaks with Plastics News China-based correspondent Steve Toloken at K 2007 about the companys ambitious plan to quadrupling sales to US $1 billion by 2012.
Korean additives maker Songwon explains its growth plans
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