The Antwerp Declaration will allow Songwon to consolidate its sustainability efforts towards a greener economy across the industrial value chain in Europe.
Songwon has recently signed the Antwerp Declaration for a European Industrial Agreement, which emphasises the need for clarity, predictability and confidence in European industrial policy to achieve climate neutrality by 2050.
The Antwerp Declaration calls for an action plan that fosters sustainable industrial progress by streamlining regulations, mitigating conflicting objectives, simplifying legislation and reducing over-reporting. In addition, it aims to position Europe as a competitive global energy supplier by increasing the security of raw materials and stimulating demand for sustainable products.
“SONGWON strongly supports all of these objectives and they align with our sustainability commitments. Europe continues to be a significant market for SONGWON and we have had a presence for well over a decade, manufacturing a variety of products including key antioxidants and light stabilizers at our Greiz plant in Germany. We are proud to support The Antwerp Declaration and look forward to working together with other European partners to advance a more circular and sustainable industrial ecosystem that paves the way for tomorrow's climate solutions,” has commented Thomas Schmutz, Leader of Technology, Regulatory Affairs & Sustainability at SONGWON.