As part of its global expansion strategy, Songwon has commissioned a second thermoplastic urethane (TPU) production line that will be operational in the fourth quarter of 2017. The company’s plant in Suwon, South Korea will be extended to increase TPU production capacity from 7,000 to 12,000 metric tons a year. The new production line will allow the manufacture of an extended range of cutting edge TPU extrusion grades for wire & cable and film & sheet applications.

Songwon has established sales organizations in Asia, Europe and North America, and now plans to expand its global business by offering a broad portfolio of technically advanced, customized urethane products.  “SONGWON is strongly committed to continuous innovation. We are making use of our extensive R&D capabilities, industry knowledge and manufacturing experience to develop and produce new, groundbreaking TPUs. The second production line in Suwon will enable us to meet the demand for these products and help our customers worldwide to fulfill their end-use requirements,” said  Kyuyeol Lee, Leader, the Performance Polymers business, Songwon.

The company continues to be primarily focused on the TPU sector even as working  on further products and technologies. With more than 35 years’ business and manufacturing experience in the field of urethanes, Songwon is a market leader in South Korea, specializing in TPUs, ink binders and adhesives for flexible packaging laminates.