Asia Stabilizers Co., Ltd. (ASCL), a joint venture between Miwon and Addivant, is a plant for Antioxidants and UV Stabilizers in Pyongtaek, Korea. Miwon makes exclusive offer/stock sales of Addivant's Antioxidants and UV Stabilizers in plastic industries in Korea. When Crompton and Great Lakes Chemical Corporation formed Chemtura in July 2005, they created the world's largest plastics additives company. And then, as of May 2013, Addivant operate as an independent portfolio company of SK Capital Partners following the purchase of Chemtura's Antioxidant and UV Stabilizer Solution Business. Addivant offers all four families of antioxidants-amines, phenols, phosphites and thioesters as well as all major UV stabilizers, including benzophenones, benzotriazoles, nickel quenchers and HALS. Addivant is a pioneer in the invention and development of customized blends: the only company that can offer almost any kind. The combined portfolio brings together some of the best-known brands in the industry, including Alkanox, Anox, Anox NDB, Lowilite, Lowinox, Naugard, Ultranox and Weston.