Synthomer, one of the world’s leading suppliers of waterborne dispersions and speciality polymers will invest €20 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.
The production plant in Worms is Synthomer 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 tons 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.
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.
About Synthomer: Synthomer develops and markets polymers used in a wide range of industries to create and enhance everyday consumer products. It holds leading positions in their chosen markets and has a proven record to generate added value to its customers through in-depth application know-how and strong R&D support.