SONGWON announces price increases for Organo-Tin Intermediates

Publishing date: 05.02.2016

SONGWON Industrial Co., Ltd. today announced price increases up to 15% on its entire range of Organo Tin Intermediates, including SONGCAT® DOTO and SONGCAT® DBTO used in Japan’s PVC-stabilizer and Coating industries.

The increase is effective for all orders invoiced on or after January 1, 2016, or as contracts allow.

The price increase is being implemented to offset the unfavorable impact caused by overall cost changes in the past 24 months. Commenting, Philippe Schlaepfer, EVP Performance Chemicals Division, SONGWON Industrial Co., Ltd. said: “SONGWON’s commitment to supplying high quality products and customer specific service to the Japanese market remains key to our long term strategy in Japan. Organo Tin Intermediates is a core part of SONGWON’s portfolio, so it is important for us to achieve satisfactory profitability that enables us to reinvest and continue to ensure long term supply security to Japan’s industries.”