Synthomer’s polymers are used to manufacture many everyday products: from the sound damping in your car, to the backing of the carpet in your office, and the sheets on your bed. We take responsibility for the complete life cycle of our products and for the impact our operations have on your life and the environment.
To ensure the safe management and use of its products, Synthomer is committed to sharing relevant health and safety information throughout the value chain. To achieve this, we work closely with our suppliers and customers to fully understand the environmental impact of our raw materials, processes and products on the overall product life cycle. We identify potential improvement areas and focus efforts on delivering those improvements. Growing sustainably is a challenge, but it is one that we are dedicated to taking on.
Synthomer’s sustainable value chain ensures that we deliver on the Company’s strategy and meet the needs of our customers and other key stakeholder groups in a manner that delivers continuous improvement in sustainability performance.
Synthomer’s sustainable value chain. (Click to enlarge.)
Research and development
Our four research and development ‘centres of excellence’ work to both develop products that meet our customers’ needs and help them improve their manufacturing efficiency.
We monitor mega-trends and market developments to ensure our formulations meet the requirements not only of our customers but also the end-users of their products.
Our technical service teams work with our customers to ensure we provide the best formulation for their needs and to help them use it to best effect.
Our formulations are tailored to our customers’ products to make sure they deliver optimum performance and process efficiency.
Raw materials strategy
We work closely with our suppliers to ensure consistent specifications, guarantee supply chain resilience and deliver value for money.
Our experienced operations teams optimise production processes to safeguard efficiency and deliver consistently superior formulations to our clients.
Synthomer’s quality control procedures and laboratories ensure that our products meet the highest quality standards and are stored in a manner that maintains quality.
Our specialist logistics teams work to ensure the safe and timely delivery of products in more than 140 countries.
Our mission is to enable our customers to efficiently and cost-effectively produce high quality products by providing them with innovative, high performance solutions. Our strategy to achieve this comprises five key elements:
1. Research and development combined with technical expertise to exploit new markets
We anticipate market trends and customer requirements to deliver superior products with improved margin and product differentiation.
2. Driving efficiency through operational excellence
We operate continuous improvement across our operations to improve production efficiency, sales effectiveness and functional excellence. We seek to identify good practice in all areas of our business and ensure that relevant learnings are embedded throughout the business.
3. Capacity utilisation
Our aim is to drive profitability through maximum utilisation of our assets. This involves identifying the root causes of production bottlenecks and finding innovative solutions.
4. Investment in capacity
We invest in capacity, particularly in growth markets, to support long-term profitable business development.
5. Business growth through acquisition
We actively seek opportunistic bolt-on acquisitions in similar chemistries or transformational step-change transactions not limited by geography or chemistry.
Our employees contribute to all aspects of our value chain and benefit from the success of our business. We are committed to employee well-being and development, and to providing a safe working environment.
We follow the letter and spirit of the tax regulations within each of the jurisdictions in which we operate and contribute to public policy goals. We see local safety and environment legislative compliance as the minimum level at which we should operate, and we strive to achieve higher standards.
We work hard to be a valued part of the communities in which we operate, providing highly skilled employment opportunities, being aware of how our plans may impact a community, and demonstrating respect for the community and its environment.
Our customers can rely on us to provide them with innovative, high quality, competitive products. We seek to work in partnership with customers, using our skilled Innovation and Technical Services teams, to develop products that help them achieve profitable growth.
Our suppliers are an important part of our business and we look to work closely with them using the skills of our strategic sourcing teams to ensure we get the ideal specification of products for our needs at fair and competitive prices.
Our shareholders, as the owners of our business, share the benefits of our focus on long-term sustainable growth, regulatory compliance and strong governance.
Should you have any questions about Synthomer’s sustainability initiatives, please contact us.