South Korea’s Songwon Industrial Co. Ltd. has announced that its new joint venture manufacturing plant in Abu Dhabi is operational. The facility is located in KhalifaIndustrial Zone Abu Dhabi (KIZAD), owned and managed by Abu Dhabi Ports – the master developer, operator and manager of ports in the Emirate. The new plant is dedicated to manufacturing One Pack System (OPS)- multicomponent, tailor-made blends of additives in a pelletized form and then packaged in a clean, dust-free environment, ready for shipping. With an initial capacity of 7,000-MT, the facility is designed to allow for future expansion to meet the increasing demand for OPS products in the Middle East region and beyond.
“This region is one of the fastest growing markets for polyolefins and already a major consumer of OPS. With this new facility, Songwon is in a stronger position to better meet the needs of current and future customers in the Middle East,” observed Mr. Maurizio Butti, Chief Operating Officer, Songwon.
The new facility is part of PolysysAddditive Technologies Middle East (PAT ME), the company formed by the joint venture between Polysys Industries, Pan Gulf Holding and Songwon.
Songwon has grown to become the second largest polymer stabiliser supplier in the world and its OPS products are available under the ‘Songnox’ OPS brand. The new Abu Dhabi facility is the latest addition to the company’s global OPS manufacturing capability and shares identical production technology as the two other plants located in Greiz, Germany and Houston, USA.