Ulsan, South Korea – April 9, 2026 – Songwon Industrial Co., Ltd. has announced a further price increase across its product portfolio, in addition to the previous increase announced in March 2026. These additional price adjustments have become necessary due to the ongoing conflict in the Middle East and its significant impact on market conditions. The price increases will take effect immediately and will vary across the product portfolio, or as contracts allow. Monthly pricing will remain valid until further notice.
SONGWON remains committed to supporting its customers’ needs with high product quality, maintaining supply reliability and ensuring its operations are aligned with forecasted demand. The company will continue to monitor developments on a daily basis and keep customers informed of any changes or impacts to supply or pricing.