Elementis and Hung San Hwa Sung Form Partnership
March 18, 2010
HIGHSTOWN, NJ – Elementis, a provider of rheology-control additives based in Highstown, NJ, will exclusively represent Hung San Hwa Sung Co. products and technology outside Korea. Additionally, Hung San Hwa Sung Co. will represent Elementis to the coatings industry inside Korea. The two companies will form joint technology-development programs and seek to leverage each other’s manufacturing assets around the world.
Hung San Hwa Sung Co., Seoul, South Korea, is a specialty chemicals company that develops and manufactures additives for the coatings industry. The company has a portfolio of specialty additives such as organic thixotropes, defoamers and dispersing agents for the coating industry. The partnership with Elementis will allow Hung San Hwa Sung to reach a wider market. The combined product portfolio from Elementis and Hung San can address almost all the categories of paint additives for both water- and solvent-based systems, providing products to customers around the world.