Synthomer Invests RM1.4bil in Johor Over Two Decades, Advancing Technology and Supporting Local Industry

Tuesday, Mar 11, 2025 6:56 am ET1min read

Synthomer, a UK-based specialty chemicals company, has invested over RM1.4 billion in Johor over the past 20 years. The investment has advanced technology and supported the glove industry's supply chain and other sectors. The company's latest investment underscores its commitment to upgrading operations and adopting green technologies, aligning with Malaysia's New Industrial Master Plan for sustainable growth.

Synthomer plc, a leading supplier of specialty polymers and ingredients for various end markets, has been actively investing in Johor, Malaysia, for over two decades. With a total investment of over RM1.4 billion ($330 million), Synthomer has not only advanced technology but also supported the glove industry's supply chain and other sectors [1].

Established in 1908, Synthomer operates under three main segments: Coatings & Construction Solutions (CCS), Adhesive Solutions (AS), and Health & Protection and Performance Materials (HPPM) [2]. The company's CCS segment offers a range of coatings and construction products, including architectural and masonry coatings, waterproofing, and flooring [1]. Synthomer's investment in Johor has contributed to the growth of these sectors, making it a vital player in the Malaysian economy.

Synthomer's latest investment underscores its commitment to upgrading operations and adopting green technologies, aligning with Malaysia's New Industrial Master Plan for sustainable growth [1]. This commitment is evident in Synthomer's European operations, where it manufactures high-performance binders, foams, and other products serving customers in various end markets [2].

The company's investment in Johor has also had a positive impact on the local community. Synthomer operates 30 manufacturing sites across Europe, North America, and Asia, and its investment in Johor has created job opportunities and contributed to the region's economic development [1].

In conclusion, Synthomer's investment in Johor, Malaysia, is a testament to the company's commitment to sustainable growth and technological advancement. With over RM1.4 billion invested over the past 20 years, Synthomer has not only supported the local economy but also positioned itself as a key player in the Malaysian chemical industry.

References:
[1] Synthomer plc. (2025, February 11). Synthomer says trading since start of 2025 has been in line with co's expectations. MarketScreener. Retrieved from https://www.marketscreener.com/quote/stock/SYNTHOMER-PLC-4002472/news/Synthomer-Says-Trading-Since-Start-Of-2025-Has-Been-In-Line-With-Co-s-Expectations-49295062/
[2] Companies House. (n.d.). Company information for Synthomer plc. Find and Update. Retrieved from https://find-and-update.company-information.service.gov.uk/company/00098381
[3] Hargreaves Lansdown. (n.d.). Synthomer plc ORD GBP0.01 Share Price. Retrieved from https://www.hl.co.uk/shares/shares-search-results/s/synthomer-plc-ord-gbp0.01