Synthomer plc (SYHMY) Research

Synthomer plc is a global specialty chemical manufacturer, founded in London, UK, in 1863. Operating across four key divisions—Performance Elastomers, Functional Solutions, Industrial Specialities, and Acrylate Monomers—the company develops and supplies a wide array of chemical solutions for diverse industrial applications. Its product portfolio encompasses various specialized adhesives, including pressure-sensitive types, acrylic polymers, saturants, and release coatings. For the construction industry, Synthomer provides water-based carboxylated styrene butadiene rubber (SBR), redispersible powders, and flooring adhesives, along with other essential additives. The company also produces a range of binders and polymers tailored for textiles, carpets, and numerous paper coating applications, such as graphic, packaging, and specialty papers. Synthomer's offerings extend to comprehensive binder and dispersion solutions, including water-based and solvent-borne resins for various coating formulations. Additionally, they manufacture foamed materials for bedding and footwear, elastomeric modifiers for thermoplastics and friction components, and reinforcement resins for rubber compounds. Their extensive latex product line covers applications from tire cords to diverse medical uses like examination gloves, cleanroom supplies, and medical devices, as well as industrial and fabric-supported gloves utilizing nitrile latex. Further enhancing polymer formulations, Synthomer supplies acrylic monomers, antioxidant products, and coalescing agents designed to improve coating properties. The company's industrial chemicals segment features products such as liquid polybutadienes, polyvinyl alcohol suspending agents, polyvinyl acetates, and thermosetting resins. Known previously as Yule Catto & Co. plc, the company officially adopted the name Synthomer plc in 2012.

Market snapshot

Symbol
SYHMY
Price
$1.75
Day change
0.00%
Market cap
$187.9M
P/E ratio
-1.19x
52-week range
0.25-5.5
Sector
Basic Materials
Industry
Chemicals - Specialty

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