Ulsan, South Korea-based Songwon Industrial Co. Ltd. expanded its distribution partnership with MegaChem, extending its coverage to include Australia and New Zealand. Since September 2019, MegaChem has distributed Songwon’s antioxidants for fuels and lubricants in the Association of Southeast Asian Nations region.  Transformer insulating oil testing company VPS acquired Singapore-based PGI Industries Pte, specialists in transformer oil sampling and testing services, to expand its transformer oil presence into South East Asia.