Synthomer announces a strategic capital investment to boost its supply chain for hydrocarbon resin production in Middelburg, Netherlands.
The investment includes the purchase of certain raw material production assets from Arakawa which will be managed under contract at the Dow ValuePark in Boehlen, Germany.
Strengthen Adhesive Solutions Division in Europe
In accordance with their strategy and capital discipline, a focused upfront investment will bolster the supply chain, increase reliability, and improve cost position, enhancing the company’s ability to meet the growing demands of customers for C9 hydrocarbon technology in Europe.
"
We are excited to strengthen our supply network for our hydrocarbon business in Europe. This investment aligns with our focused growth strategy and our dedication to finding creative solutions to support our customers,” said Stephan Lynen, president of Synthomer Adhesive Solutions.
Source: Synthomer