Songwon and Sabo extend their partnership

Songwon has announced that the worldwide exclusive distributorship (non-exclusive for Europe) with Sabo for light stabilisers has been extended.

The acquisition of Icon Inks also strengthens Marabu’s Asian presence. Image source: TheDigitalArtist - Pixabay (symbol image).

Specifically, the distribution agreement is about hindered amine light stabilisers (HALS) and oxanilide UV absorbers has been extended.

Furthering the cooperation is intended to enable both organisations to continue pursuing their shared strategy for growth by focusing on opportunities outside of Europe, particularly in the areas of automotive and agricultural applications as well as in the building & construction sector.

Renewed strategic cooperation

Earlier in 2021, the two companies had already renewed their strategic cooperation within the Coatings Business to develop and manufacture new HALS products.

“We value the opportunity to continue combining our strengths and capabilities to achieve our ambitious business goals in the polymer additives arena,” says Alberto Vischetti, Vice President – Polymer Additives, Sabo.

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