Synthomer, a British chemicals company that develops and markets polymers used in a wide range of industries had shared that it experienced a “decline in profitability and utilisation across its SBR (styrene-butadiene rubber) network”, which led to consultation processes with its employees in Marl, Germany in August 2020.
According to Synthomer, concluding these processes have led to a number of measures to optimise our production network for maximum efficiency to meet the demand outlook.
The company said that it anticipates minimal disruption in connection with these changes and investment continues across Synthomer’s network to ensure it retains its flexible capability to underpin its highly valued service level and reliable supply record.
Neil Whitley, Synthomer’s President Performance Elastomers Division added that the company is reinforcing its global supply position as a leading producer of SBR latex by ensuring sustained profitability and long-term supply security for its valued customers.