SONGWON signs exclusive agreement for distribution of antioxidants for fuels and lubricant additives in ASEAN
Megachem, a leading worldwide distributor, will be responsible for supplying SONGWON antioxidants for fuels and lubricants in countries belonging to the Association of Southeast Asian Nations (ASEAN). SONGWON, headquartered in Ulsan, South Korea, is the second-largest manufacturer of polymer stabilizers worldwide.
“As our global reach expands and our business in the Asia region increases, we want to ensure that our customers continue to benefit from reliable supply and local support. We have therefore appointed Megachem as our distribution partner in the ASEAN region,” said Gerard Mulqueen, business unit leader, Fuel and Lube Additives, SONGWON.
“With headquarters in Singapore, and offices in the ASEAN region, our extensive global network and specialized knowledge of lubricant additives, Megachem is well placed to represent SONGWON in the ASEAN market. We look forward to providing SONGWON’s customers with innovative, value-adding products and fully integrated services,” said Sidney Chew, chairman of Megachem.
Megachem will supply SONGNOX® L101, L107, L115 and L135 phenolic antioxidants, SONGNOX® L670 & L570 aminic antioxidants, SONGNOX® L416 phosphite antioxidant, and SONGNOX® L224 and L226 thioester antioxidants to Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Papua New Guinea, the Philippines, Singapore, Thailand and Vietnam.