SONGWON Industrial Group, which is headquartered in Ulsan, South Korea, has signed an exclusive agreement with Bodo Möller Chemie Russia LLC for the distribution of SONGNOX® fuel and lubricant antioxidant additives in Russia, Belarus and Kazakhstan.
SONGWON, which is a manufacturer and supplier of fuel and lube oil additives, offers an extensive range of phenolic, aminic, phosphite and thioester antioxidants for fuels and lubricants, mainly in liquid form, and works together with customers to develop ongoing solutions.
A subsidiary of Bodo Möller Chemie GmbH, Bodo Möller Chemie Russia LLC is based in Moscow, Russia, and is already responsible for supplying SONGWON’s polymer stabilizers in Russia, Belarus, Ukraine and Kazakhstan.
“The new agreement with Bodo Möller Chemie Russia LLC marks another decisive step forward in the expansion of SONGWON’s presence in Eastern Europe,” said Gerard Mulqueen, leader of SONGWON’s Business Unit Fuel and Lubricant Additives. “The partnership will enable us to ensure consistent supply of our world-class fuel and lubricant antioxidants and underlines our commitment to serving our customers.”
“SONGWON’s fuel and lubricant additives are an ideal complement to our existing product offering, and our further cooperation gives both organizations a promising opportunity for growth in Russia,” said Jürgen Rietschle, managing director, Bodo Möller Chemie GmbH. “The combination of SONGWON’s high-quality products with our industrial expertise and knowledge of the region will allow us to deliver top value to all our stakeholders.”