Synthomer PLC (LON:SYNT)

Founded in 1863, Synthomer Plc, formerly known as Yule Catto & Co is a UK-based global differentiated chemicals company and one of the world’s leading suppliers of sustainable water-based polymer solutions. The company offers its products to wide range of markets including construction, coatings, paper, textiles, adhesives, oil & gas, and healthcare. The company is listed on the London Stock Exchange as LON: SYNT and is a constituent of the FTSE 250 Index.

The company mainly operates through four segments across Asia, North America and EMEA, that includes Performance Elastomers, Functional Solutions, Industrial Specialties and Acrylate Monomers. The performance Elastomers segment focused on healthcare, paper, and carpet markets through its Styrene Butadiene Rubber latex (SBR) products and water-based Nitrile Butadiene Rubber latex (NBR). Further, to include the Elastomeric Modifiers and Performance Materials product line the company has acquired IMNOVA in 2021.  The Functional Solution segment is focused on coatings, construction, adhesives, and technical textiles markets through our acrylic and vinylic water-based dispersions.

The Oil & Gas businesses have been fully integrated into the solution with the acquisition of OMNOVA Coatings, Adhesives and Surface Treatment (CAST). The Industrial Specialties segment is focused on speciality chemical additives and non‑water‑based chemistry for a wide range of applications from polymer manufacture and polymer additives to emerging materials. The company acquired Coated Fabrics and OMNOVA Laminates & Films that has been integrated into the segment. The Acrylate Monomers segment is engaged in the production of acrylate monomers, that offers external customers in European markets as well as its European Functional Solutions dispersions business.