First anniversary of Synthos Schkopau
Last year, the Synthos Group completed the acquisition of a plant in Schkopau, Germany, from Trinseo. This was the largest transaction in the history of our company, thanks to which Synthos strengthened its position in the global synthetic rubber market and became the second largest producer in its segment. The combined capacities and capabilities of our plants contributed to a significant expansion of the Group’s operations and enabled us to exploit the potential resulting from synergy effects.
The transaction, which included the purchase of both production infrastructure and research and development facilities, enabled the Synthos Group to enter the market with an even more advanced and innovative product portfolio that meets the most demanding requirements of the tire industry. In particular, the addition of a range of technologically advanced SSBRs, including functionalized SSBR grades used for high- performance tires (low rolling resistant tires, including tires for electric vehicles), enables Synthos to fully meet customers’ needs, which is a critical factor for success in the global synthetic rubber market. By combining our already strong technical and R&D capabilities with those of the Synthetic Rubber R&D center in Schkopau, Germany, it was possible to create a stronger and more innovative technology roadmap focused on moving in a green direction
In addition to a strong focus on developing solutions with a quantifiably lower environmental footprint, Synthos is very proud of its decision to restart the butadiene rubber production plant in Schkopau, which was idled in 2020. The plant is scheduled to come back on stream in the first quarter of 2023.
This year we have not only managed to complete many projects together, but we have also gotten to know each other better and built a strong relationship as One Team. In our team, we have many highly qualified experts who, through their dedication and hard work, positively change the world around us every day.
We are proud that our Synthos family has grown, and we look forward to continuing our journey together within the Synthos Group. We are a team of people who share a passion, a desire to evolve, and a belief that what we do together will help bring about many positive changes in the world.
