Songwon Industrial Co., Ltd., recently announced the establishment of its new business entity in China, Songwon International-Qingdao Co., Ltd. Songwon reports that the new organization will ensure that the company remains well-positioned to continue providing customers in this important strategic region with high-quality products and service.

Songwon also announced that the divestment of its shareholding in the Qingdao Long Fortune Songwon Chemical Co. Ltd. joint venture has been completed.

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