Songwon Industrial Co., Ltd. has partnered with Altek International FZE to expand the availability of PVC stabilizers in the Middle East. Effective January 1, 2025, the collaboration aims to address the region’s growing demand for PVC solutions in industries such as construction, packaging, and electrical.
SONGWON, headquartered in South Korea, is a global leader in specialty chemicals and one of the world’s largest manufacturers of polymer stabilizers. Established in 1965, the company provides high-performance products to customers across more than 60 countries, focusing on innovation and sustainability.
Altek International, based in Dubai, UAE, is a leading chemical distributor specializing in raw materials for plastics, rubber, petrochemicals, and coatings. Founded in 2009, the company has a strong presence across the Middle East and North Africa, supported by a robust distribution network in GCC countries.
“The Middle East PVC market is forecasted for rapid growth, driven by urbanization and rising demand in key industries,” said Bouzid Hamcherif, Leader of SONGWON’s Sub Business Unit PVC. “By partnering with Altek, a well-established distributor with strong market relationships, we can strengthen SONGWON’s position as a preferred supplier in the region.”
Mohiuddin Ahmed, Business Head at Altek International, commented, “SONGWON’s high-quality products align perfectly with our portfolio and customer requirements. Our regional expertise and network will ensure the effective distribution of their PVC stabilizers across the Middle East.”