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SONGWON Announces Price Increase, Freight Surcharge for Polymer Stabilizers and Coatings

The price increase will be implemented with immediate effect and/or as contracts allow depending on the product and region.

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By: KERRY PIANOFORTE

Editor, Coatings World, Coatings World

Songwon Industrial is implementing a price increase and adding a freight surcharge on its Polymer Stabilizers and Coatings products in response to the impacts on costs and lead times caused by the current global logistics situation.

The price increase will be implemented with immediate effect and/or as contracts allow depending on the product and region. The level of freight surcharge will also depend on the product, region and shipping route and will take effect immediately or as contracts allow.

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