Synthomer

Specialty chemicals provider Synthomer plc has reached an agreement with OMNOVA Solutions Inc. on the terms of an acquisition of OMNOVA.

Synthomer formally opened the latest 90,000 tonne expansion to its nitrile latex production facility in Pasir Gudang, Malaysia, with an investment of RM265 million (US$63.5 million). A second phase adding 60,000 tonnes is expected to be operational in 2020.

Synthomer divested a local production site from BASF in Austria for styrene-butadiene-based paper dispersions.

Synthomer announced plans to expand its existing manufacturing operations in Spartanburg County, South Carolina, with a $16 million investment that will create 10 new jobs. The expansion includes installing a new production reactor and associated equipment at its Roebuck facility.

BASF completed the divestiture of its production site for styrene-butadiene-based paper dispersions in Pischelsdorf, Austria to Synthomer Austria GmbH, a subsidiary of Synthomer plc, after receiving antitrust approval.

BASF completed the divestiture of its Pischelsdorf production site in Austria to Synthomer Austria GmbH, a subsidiary of Synthomer plc, for €30 million. The site produces styrene-butadiene-based paper dispersions.

Synthomer plc announced that its project to expand Nitrile Latex manufacturing capacity at the Pasir Gudang plant is underway, with an additional RM270 million investment. The facility is due to become the world's largest nitrile polymerisation reactor upon completion by July 2018, adding 200 kilo wet tonnes of capacity in two phases.

Synthomer has appointed Campi y Jové as distributor of its polymer products for the construction, coatings, adhesives and textiles industry in Spain from September 1, 2017, and in Portugal from January 1, 2018.

Synthomer Deutschland GmbH awarded Pöyry a detail engineering services assignment for the revamp of its dispersion plant in Worms, Germany. The project is expected to be completed in Q3 2018.

Synthomer plc acquired Perstorp Oxo Belgium AB from Sweden's Perstorp Group for €78 million. The business supplies additives to the decorative and industrial coatings industries.

Synthomer will invest €20 million to add several new automated production lines for acrylic dispersions at its plant in Worms, Germany, adding 30,000 tonnes of capacity. The project is expected to complete by Q3 2018.