Annual Report 2024

Synthomer plc annual report and accounts for the year to 31 December 2024, as published in March 2025.

Download the full Annual Report 2024

The story of our year

Leadership statements

Chair's statement

"After a year of decisive action that has strengthened the business and embedded our strategy for value creation, we are able to look ahead at the opportunities we see for a simplified, more focused Synthomer, with an increasingly specialised product portfolio serving attractive end markets."

PETER HILL CBE Read Peter’s statement

Chief Executive Officer's review

"Our direction remains clear: further specialisation is at the heart of our strategy, because speciality products with differentiated benefits for end-users will be the greatest drivers of improved returns for our business in the medium to long term."

Michael Willome Read Michael’s review

Who we are

We are a leading supplier of high-performance, highly specialised polymers and ingredients. Our three divisions serve customers in attractive end markets where demand is driven by global megatrends including urbanisation, demographic change, climate change and sustainability, and shifting economic power. Innovation underpins everything we do.

Coatings & Construction Solutions

Our specialist polymers enhance the sustainability and performance of a wide range of coatings and construction products. We serve customers in applications including architectural and masonry coatings, mortar modification, = waterproofing and flooring, fibre bonding, and energy solutions.

Adhesive Solutions

Our products help our customers bond, modify and compatibilise surfaces and components for applications including tapes and labels, packaging, hygiene, tyres and plastic modification, improving permeability, strength, elasticity, damping, dispersion and grip.

Health & Protection and Performance Materials

We are a world-leading supplier of water-based polymers for medical gloves, and a major European manufacturer of high-performance binders, foams and other products serving customers in a range of end markets.

Our business model and strategy

We are a business-to-business speciality chemicals producer providing high-performance water-based polymers and ingredients to a wide range of blue-chip customers in attractive end markets. Our strategy is driving further specialisation and supporting our purpose: creating innovative and sustainable solutions for the benefit of customers and society.

Read about our business model and strategy

Innovation and sustainability

We see innovation and sustainability as integral enablers for our strategy, important differentiators for our customers, and key to value creation in the long term.

Sustainability in focus

Innovation in focus

Climate action report

Our vision 2030 progress

Sustainability insights