Synthomer Plc - Company Profile
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Synthomer Plc (Synthomer) is a specialty chemical company. It manufactures and markets adhesives, foams, and specialty chemicals including Liquid polybutadiene (LPBD), Alcotex polyvinyl alcohol (PVOH), and polyvinyl acetate (PVAc), among others. Synthomer's products find application in construction, coatings, adhesives, textiles, medical and healthcare, paper and packaging, carpet, and foam markets. The company operates through a network of manufacturing facilities, and innovation centers. It operates in the UK, Spain, Belgium, Italy, Germany, France, Malaysia, China, Vietnam, the US, Australia and Saudia Arabia, among others. Synthomer is headquartered in London, England, the UK.
Headquarters
United Kingdom
Address
45 Pall Mall, London, England, SW1Y5JG
Website
www.synthomer.com
Telephone
44 1279 436211
No of Employees
4,738
Industry
Chemicals
Ticker Symbol & Exchange
SYNT (LON)
Revenue (2022)
$2.5B
-15.5%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-106.2%
(2022 vs 2021)
Market Cap*
$531.2M
Net Profit Margin (2022)
XYZ
-144.6%
(2022 vs 2021)
* As of and is in US$
Synthomer Plc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Adhesives: | Synovus |
| PSA Packaging Tapes | Lithene |
| Sealants | Alcotex |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Asset Purchase | In February, the company acquired raw material production assets from Arakawa GmbH. |
| 2023 | Financing Agreements | In March, the company signed new US$480 million committed revolving credit facility maturing May 31, 2025. |
| 2021 | Acquisitions/Mergers/Takeovers | In October, the company acquired adhesives resins assets and business of Eastman Chemical Company for US$1 billion. |
Competitor Comparison
| Key Parameters | Synthomer Plc | Wacker Chemie AG | Huntsman Corp | Trinseo Plc | Elementis plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | Germany | United States of America | United States of America | United Kingdom |
| City | London | Munich | The Woodlands | Wayne | London |
| State/Province | England | Bayern | Texas | Pennsylvania | England |
| No. of Employees | 4,738 | 16,378 | 6,000 | 3,100 | 1,281 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Caroline Johnstone Ann | Chairman | Executive Board | 2015 | 63 |
| Michael Willome | Chief Executive Officer; Director | Executive Board | 2021 | 57 |
| Lily Liu | Director; Chief Financial Officer | Executive Board | 2022 | 51 |
| Marshall Moore | Chief Technology Officer; President - Americas | Senior Management | - | - |
| Anant Prakash | Secretary; General Counsel | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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