Polymerupdate Team : What is your main area of operations?
Mr. Jongho Park : Main application area is the Polyolefin producing industry. However in our world of polymers additives are used from natural waxes till shoe shine cream.

Polymerupdate Team : What are your future expansion plans ?
Mr. Jongho Park : All our plant expansions took place in South Korea driven by the fast growing demand in the Middle East, India, China and South East Asia. Any additional expansion of our capacities will follow the market demand driven by the region as mentioned above.

Polymerupdate Team : Do you have a presence in the Indian market? If yes, what potential do you see for your product in the Indian market?
Mr. Jongho Park : We opened office in India in Aug 07. In the last 6 months, Songwon International - India, has been able to create awareness in the Indian market about Songwon Group and Strategic Position that Songwon has created for itself  as the world's 2nd largest supplier of Polymer Stabilizers. Songwon has been able to quickly establish themselves as distributors for Polymer Stabilizers and ensure availability of ready stock of its products in the market. In addition to the India market, the liaison office has also been able to quickly spread awareness about the company and its products in South East Asia with the support of Top Management in the form of "Road Show " which involved visit by key persons in the region by Chairman of Board of Directors (Mr. J H Park) , CEO (Mr. M. Butti) & Executive Vice President (Mr. D. Morath). Songwon products are mainly targeted at Polyolefins among various Polymers and with upcoming capacity of approx. 1 Million Ton of Polyolefins by end of 2008, Songwong is in a good position to serve this market. Please note that the capacity addition of 1 Million MT only refers to India region. This is not including South East Asia.

Polymerupdate Team : How do you foresee the price trends for your products in the near future?
Mr. Jongho Park : Pricing can be interpreted in various ways, but our industry has been experiencing challenges from high raw material hike starting from crude oil but Songwon has been coming in the market with stability and security of supply with proper pricing to serve our market and customers.