Synthomer invests EUR20 million in dispersion plant in Germany
Synthomer, a leading supplier of waterborne dispersions and speciality polymers, will invest EUR20 million in its dispersion plant located in Worms, Germany.
The investment adds several new and fully automated production lines for acrylic-dispersions. The plant extension strengthens the company’s continuous growth in paints & coatings, construction chemicals, technical textiles as well as adhesives and sealants.
Largest acrylic site in Europe
The production plant in Worms is Synthomer's largest acrylic site in Europe, being strategically well located with close proximity to the customer base and excellent connections to the river Rhine, railway and road. The investment will add 30,000 tonnes to its existing capacity. The high flexibility of the newly constructed lines enables further organic growth in the specialty segments, since more than 25% of the new capacity will be utilized by innovative, highly environmentally friendly products.
Completion by third quarter 2018
The expansion will allow shorter supply lead times and meet highest production and quality standards. This investment further strengthens Synthomers pan-European dispersion plant network across the United Kingdom, Germany, Czech Republic, France, Italy and Spain. The project is expected to complete by third quarter 2018.
