# SONGWON Industrial Group invests in new antioxidant production capacity

South Korean specialty chemicals maker SONGWON Industrial Group announced it is investing in new production capacity for antioxidants used in fuels and lubricants, alongside R&D.

- Type: Investment
- Announced: 2017-05-23
- Where: South Korea
- Status: announced
- Products: SONGNOX L670 antioxidant, SONGNOX L135 antioxidant
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [SONGWON Industrial Group](https://endata.com/companies/1470.md) (investor)

## Sources

- [fuelsandlubes.com](https://www.fuelsandlubes.com/songwon-industrial-group-to-invest-in-new-antioxidant-production-capacity/), 2017-05-23: "We are investing in production capacity as well as in research and development in anticipation of new industry standard requirements."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.