SONGWON Industrial Co., Ltd. (송원산업 주식회사) is a South Korea–based specialty chemicals manufacturer best known for polymer stabilizers and performance additives. Founded in 1965, the company develops and produces antioxidants, light stabilizers (including UV absorbers and HALS), processing aids, and PVC stabilizer systems, along with selected specialty intermediates for applications in plastics, coatings, adhesives, sealants, and elastomers.
SONGWON’s products help protect polymers during processing and extend service life, supporting durability and performance in end markets such as packaging, automotive, construction, electronics, fibers, and consumer goods. Operating under the name SONGWON, the company serves customers globally through a network of manufacturing, technical, and commercial operations.
Also known as 송원산업.
Baan steps down as CEO in 2026. Scaltritti, current CCO, will succeed him. Baan led significant transformations, including green hydrogen and sustainable fuel initiatives.