Ulsan, South Korea – January 13, 2021 – SONGWON Industrial Co., Ltd. today announced that it signed an exclusive distribution agreement for PVC additives in India with Mumbai-based Makwell Plastisizers Pvt Ltd., effective as of December 2020.

Since starting operations in 1965, Makwell has become a leading player in plasticizers and additives in India with a reputation for high standards and quality.

Commenting on the agreement, Arie Kooij, Leader Market Center Tin Intermediates and PVC Additives, SONGWON said: “With such an experienced partner, we will be very well-positioned to further expand our product availability and increase our level of service to our customers in India. Active in the industry for over 50 years, Makwell has built up a solid reputation and strong local distribution network which will add great value for SONGWON.”

“SONGWON’s wide range of products completes our product portfolio of PVC additives and we are delighted to be SONGWON’s exclusive distribution partner in India,” says Amresh Thakker, Marketing Director at Makwell. “SONGWON’s strong R&D will also be immensely beneficial to our customers and support them to find the right solutions for their needs. Furthermore, it will contribute to the development of new products required by the ever-changing PVC industry.”