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Synthos

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uuid000d4ny

Namestring
Synthos
Legal namestring
Synthos S.A.
Company typeenum
Private
Founded yearint
1945
Descriptiontext

Synthos is a privately held Polish chemical manufacturer headquartered in Oswiecim with a reported 1,001–5,000 employees and operations dating to 1945. The company produces styrene-butadiene rubber (SBR) for automotive tires, waterproofing, and industrial rubber applications; sustainable adhesives targeted at industrial manufacturers facing tightening environmental regulations; and petrochemical products including butadiene. Its core technology centres on chemical manufacturing processes for synthetic rubber and adhesives, supplemented by petrochemical extraction and processing through units such as the now-divested S54 butadiene extraction facility at ORLEN's Płock Production Plant.

Synthos makes money as a B2B chemical and petrochemical manufacturer, selling to industrial customers in automotive, construction, and manufacturing under quote-based pricing that is not publicly disclosed. Revenue streams have historically included SBR sales into a global SBR market valued at US$36.78 billion in 2025, sustainable adhesives for regulated industrial applications, and petrochemical operations (including butadiene extraction) that were partially integrated into ORLEN's value chain through long-running commercial agreements and the Butadien Kralupy joint venture. In December 2025, Synthos divested the S54 butadiene extraction unit to ORLEN for approximately PLN 692 million, restructuring related commercial agreements and shortening the Butadien Kralupy JV from 2049 to 2038.

The company is controlled by Polish billionaire Michał Solowow and is diversifying beyond chemicals into nuclear energy through Synthos Green Energy, a joint venture with state-controlled Orlen SA to deploy GE Vernova BWRX-300 small modular reactors in Poland. Solowow has publicly targeted SMR operations by late 2030, though the Polish Ministry of State Assets has noted a two-year stalemate over financing structures and technology lock-in disputes, introducing execution risk to the nuclear pivot.

Short descriptiontext

Synthos is a privately held Polish chemical manufacturer producing styrene-butadiene rubber, sustainable adhesives, and petrochemical products for automotive, construction, and industrial customers, while diversifying into nuclear energy via a small modular reactor joint venture with ORLEN.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersOswiecim, Poland
HQ citystring
Oswiecim
HQ countrystring
Poland
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
synthetic rubber manufacturing, industrial adhesives, petrochemical production, butadiene extraction, expandable polystyrene
Industry3 codes
1Elastomers & Synthetic Rubber Polymer Manufacturing (SBR, BR, NBR, EPDM, Silicone base polymers)
CodeIMANAAADPrimaryYes
2Synthetic Rubber & Elastomer Feedstocks (SBR, BR, NBR, EPDM)
CodeIMAEADAJPrimaryNo
3General-Purpose Rubber Compounds (NR/SBR/BR/EPDM)
CodeIMANAJAAPrimaryNo
NAICS code2 codes
  • Synthetic Rubber Manufacturing325212
  • Rubber Product Manufacturing3262
SIC code3 codes
  • Industrial Organic Chemicals2860
  • Plastic Materials, Synth Resins & Nonvulcan Elastomers2821
  • Adhesives & Sealants2891
Product category
Industrial Chemicals
Social media profiles2 records
Revenue model3 records
1Styrene-Butadiene Rubber (SBR) products
TypeOne Time License
Description

Production and sale of synthetic rubber products including SBR used in automotive tires, waterproofing, and industrial rubber applications. Global SBR market valued at US$ 36.78 billion in 2025.

openpr.com
2Sustainable adhesives
TypeOne Time License
Description

Development and production of sustainable adhesives for various industrial applications driven by environmental regulations and sustainability goals.

fortunebusinessinsights.com
3Petrochemical products (butadiene extraction)
TypeTransaction Fee
Description

Butadiene extraction unit (S54) at Production Plant in Płock; processing C4 output to deliver raffinate for downstream petrochemical processes. Unit sold to Orlen for approximately PLN 692 million.

indianchemicalnews.com
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Synthos manufactures and sells styrene-butadiene rubber (SBR) used in automotive tires and industrial applications, sustainable industrial adhesives, and petrochemical products including butadiene extraction. The company also participates in small modular reactor (SMR) nuclear energy development through its Synthos Green Energy joint venture with Orlen SA using GE Vernova's BWRX-300 reactor design.

Differentiator
Functional benefit
Problem solved
Product and service4 records
1Styrene-Butadiene Rubber (SBR)
CategorySynthetic Rubber
Description

Synthetic rubber product used in automotive tires (including electric vehicle tires), waterproofing applications, construction materials, and industrial rubber goods. Sold to tire manufacturers and industrial rubber processors globally, with Asia-Pacific dominating demand.

2Sustainable Adhesives
CategoryIndustrial Adhesives
Description

Adhesive products formulated for industrial bonding applications, designed to help manufacturers meet environmental compliance requirements and corporate sustainability targets.

3Butadiene Extraction (S54 Unit)
CategoryPetrochemical Products
Description

Butadiene extraction unit that processed C4 output to deliver raffinate for downstream petrochemical processes. Sold to Orlen SA in December 2025, transferring full ownership and integrating the unit into Orlen's petrochemical value chain.

4Synthos Green Energy (SMR Joint Venture)
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership2 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-01
Description

ORLEN acquired full ownership of S54 from Synthos for approximately PLN 692 million, gaining control of a butadiene extraction unit at its Production Plant in Płock. The transaction integrates the unit into ORLEN's petrochemical value chain, processing C4 output to deliver raffinate for downstream processes. Deal also includes restructuring of commercial agreements and shortening the Butadien Kralupy joint venture from 2049 to 2038, while securing two additional years of ethylene and benzene offtake in the Czech market.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-01-01
Description

Synthos Green Energy is engaged in a joint venture with state-controlled Orlen SA for developing small modular reactors (SMR) in Poland. Negotiations ongoing regarding financing structures and technology lock-in to GE Vernova's BWRX-300 reactor design. The Ministry of State Assets has expressed growing impatience with the two-year stalemate over disputes on financing and technology flexibility.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

Global leader in industrial and consumer adhesives, comparable to Synthos's sustainable adhesives line. Competes in overlapping end-markets though anchored more in consumer/industrial assembly applications than chemical feedstocks.

TypeBroad incumbent
Description

French specialty chemicals producer with adhesive solutions via Bostik and a portfolio of advanced materials. Comparable to Synthos through overlapping adhesives and specialty polymer exposure, but with a much broader product portfolio.

TypeDirect peer
Description

Global styrene-butadiene rubber (SBR) and latex binder producer with direct overlap to Synthos's core SBR business serving tire, automotive, and industrial rubber customers. Comparable as a competing polymer manufacturer with similar product mix and end-market exposure.

TypeBroad incumbent
Description

World's largest chemical company with exposure to petrochemical feedstocks, performance chemicals, and adhesives. Comparable as a broad incumbent against which Synthos competes for industrial customers and capital, though BASF's scale and diversification dwarf Synthos's.

TypeBroad incumbent
Description

German specialty chemicals incumbent with a substantial rubber chemicals and additives business serving tire and industrial customers. Comparable to Synthos through overlapping rubber value-chain participation, but operates across a much broader chemicals portfolio.

TypeDirect peer
Description

Synthetic rubber joint venture historically backed by LANXESS and Saudi Aramco, producing EPDM, NBR, BR, and SBR for tire and industrial rubber customers. Comparable to Synthos as one of the largest direct competitors in European synthetic rubber polymer manufacturing.

TypeBroad incumbent
Description

German specialty chemicals company producing silicones, polymers, and bio-engineered products for industrial customers. Comparable to Synthos as a competing European specialty polymer manufacturer with adjacent elastomer/silicone capabilities.

TypeDirect peer
Description

Eni's petrochemical subsidiary producing butadiene, SBR, EPDM, and elastomers with integrated C4 processing similar to Synthos's historical footprint. Comparable as a competing European petrochemicals-to-rubber integrated platform.

TypeEmerging player
Description

US-listed industrial adhesives specialist serving packaging, hygiene, and construction markets. Comparable to Synthos's adhesive business as a competing supplier in industrial adhesive solutions, particularly in sustainability-driven reformulations.

TypeDirect peer
Description

UK-listed specialty polymers company with a strong SBR and emulsion polymers franchise serving footwear, textiles, and industrial markets. Comparable to Synthos as a competing synthetic rubber polymer producer targeting similar industrial customer segments.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries1 record

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Synthos

Industrial Chemicalssynthosgroup.com

Synthos is a privately held Polish chemical manufacturer producing styrene-butadiene rubber, sustainable adhesives, and petrochemical products for automotive, construction, and industrial customers, while diversifying into nuclear energy via a small modular reactor joint venture with ORLEN.

What Synthos does

Synthos is a privately held Polish chemical manufacturer headquartered in Oswiecim with a reported 1,001–5,000 employees and operations dating to 1945. The company produces styrene-butadiene rubber (SBR) for automotive tires, waterproofing, and industrial rubber applications; sustainable adhesives targeted at industrial manufacturers facing tightening environmental regulations; and petrochemical products including butadiene. Its core technology centres on chemical manufacturing processes for synthetic rubber and adhesives, supplemented by petrochemical extraction and processing through units such as the now-divested S54 butadiene extraction facility at ORLEN's Płock Production Plant.

Synthos makes money as a B2B chemical and petrochemical manufacturer, selling to industrial customers in automotive, construction, and manufacturing under quote-based pricing that is not publicly disclosed. Revenue streams have historically included SBR sales into a global SBR market valued at US$36.78 billion in 2025, sustainable adhesives for regulated industrial applications, and petrochemical operations (including butadiene extraction) that were partially integrated into ORLEN's value chain through long-running commercial agreements and the Butadien Kralupy joint venture. In December 2025, Synthos divested the S54 butadiene extraction unit to ORLEN for approximately PLN 692 million, restructuring related commercial agreements and shortening the Butadien Kralupy JV from 2049 to 2038.

The company is controlled by Polish billionaire Michał Solowow and is diversifying beyond chemicals into nuclear energy through Synthos Green Energy, a joint venture with state-controlled Orlen SA to deploy GE Vernova BWRX-300 small modular reactors in Poland. Solowow has publicly targeted SMR operations by late 2030, though the Polish Ministry of State Assets has noted a two-year stalemate over financing structures and technology lock-in disputes, introducing execution risk to the nuclear pivot.

Synthos firmographics

Firmographics
Name
Synthos
Legal name
Synthos S.A.
Website
https://synthosgroup.com
Company type
Private
Founded year
1945
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Synthos is a privately held Polish chemical manufacturer producing styrene-butadiene rubber, sustainable adhesives, and petrochemical products for automotive, construction, and industrial customers, while diversifying into nuclear energy via a small modular reactor joint venture with ORLEN.
Ownership category
akta.pro rank

Synthos industry classification

Industry
Product category
Industrial Chemicals
NAICS
Synthetic Rubber Manufacturing (325212), Rubber Product Manufacturing (3262)
SIC
Industrial Organic Chemicals (2860), Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Adhesives & Sealants (2891)
akta.pro primary industry
Elastomers & Synthetic Rubber Polymer Manufacturing (SBR, BR, NBR, EPDM, Silicone base polymers) (IMANAAAD)
akta.pro secondary industries
Synthetic Rubber & Elastomer Feedstocks (SBR, BR, NBR, EPDM) (IMAEADAJ), General-Purpose Rubber Compounds (NR/SBR/BR/EPDM) (IMANAJAA)

Keywords

  • Synthetic rubber manufacturing
  • Industrial adhesives
  • Petrochemical production
  • Butadiene extraction
  • Expandable polystyrene

Where Synthos is headquartered

Location

Headquarters

HQ city
Oswiecim
HQ country
Poland
HQ region
Europe

Offices1 record

Markets served

Synthos business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure

Revenue model

  1. Styrene-Butadiene Rubber (SBR) products: Production and sale of synthetic rubber products including SBR used in automotive tires, waterproofing, and industrial rubber applications. Global SBR market valued at US$ 36.78 billion in 2025.
  2. Sustainable adhesives: Development and production of sustainable adhesives for various industrial applications driven by environmental regulations and sustainability goals.
  3. Petrochemical products (butadiene extraction): Butadiene extraction unit (S54) at Production Plant in Płock; processing C4 output to deliver raffinate for downstream petrochemical processes. Unit sold to Orlen for approximately PLN 692 million.

Distribution channels1 record

Synthos product offering

Product offering

Core offering

Synthos manufactures and sells styrene-butadiene rubber (SBR) used in automotive tires and industrial applications, sustainable industrial adhesives, and petrochemical products including butadiene extraction. The company also participates in small modular reactor (SMR) nuclear energy development through its Synthos Green Energy joint venture with Orlen SA using GE Vernova's BWRX-300 reactor design.

Differentiator

Problem solved

Functional benefit

Products and services

  • Styrene-Butadiene Rubber (SBR) Synthetic rubber product used in automotive tires (including electric vehicle tires), waterproofing applications, construction materials, and industrial rubber goods. Sold to tire manufacturers and industrial rubber processors globally, with Asia-Pacific dominating demand.
  • Sustainable Adhesives Adhesive products formulated for industrial bonding applications, designed to help manufacturers meet environmental compliance requirements and corporate sustainability targets.
  • Butadiene Extraction (S54 Unit) Butadiene extraction unit that processed C4 output to deliver raffinate for downstream petrochemical processes. Sold to Orlen SA in December 2025, transferring full ownership and integrating the unit into Orlen's petrochemical value chain.
  • Synthos Green Energy (SMR Joint Venture)

Companies that use Synthos

Customer profile

Segments2 records

Ideal customer profiles3 records

Synthos technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Synthos partnerships and signals

Strategic signal

Partnerships

Two partnerships are on record, tiered core.

  • Orlen SAcoreStrategic or Co-development Partner · 1 December 2025ORLEN acquired full ownership of S54 from Synthos for approximately PLN 692 million, gaining control of a butadiene extraction unit at its Production Plant in Płock. The transaction integrates the unit into ORLEN's petrochemical value chain, processing C4 output to deliver raffinate for downstream processes. Deal also includes restructuring of commercial agreements and shortening the Butadien Kralupy joint venture from 2049 to 2038, while securing two additional years of ethylene and benzene offtake in the Czech market.
  • Orlen SAcoreStrategic or Co-development Partner · 1 January 2024Synthos Green Energy is engaged in a joint venture with state-controlled Orlen SA for developing small modular reactors (SMR) in Poland. Negotiations ongoing regarding financing structures and technology lock-in to GE Vernova's BWRX-300 reactor design. The Ministry of State Assets has expressed growing impatience with the two-year stalemate over disputes on financing and technology flexibility.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Synthos competitors and assessment

Company assessment

Emerging players

  • Henkel: Global leader in industrial and consumer adhesives, comparable to Synthos's sustainable adhesives line. Competes in overlapping end-markets though anchored more in consumer/industrial assembly applications than chemical feedstocks.
  • HB Fuller: US-listed industrial adhesives specialist serving packaging, hygiene, and construction markets. Comparable to Synthos's adhesive business as a competing supplier in industrial adhesive solutions, particularly in sustainability-driven reformulations.

Broad incumbents

  • Arkema: French specialty chemicals producer with adhesive solutions via Bostik and a portfolio of advanced materials. Comparable to Synthos through overlapping adhesives and specialty polymer exposure, but with a much broader product portfolio.
  • BASF: World's largest chemical company with exposure to petrochemical feedstocks, performance chemicals, and adhesives. Comparable as a broad incumbent against which Synthos competes for industrial customers and capital, though BASF's scale and diversification dwarf Synthos's.
  • LANXESS: German specialty chemicals incumbent with a substantial rubber chemicals and additives business serving tire and industrial customers. Comparable to Synthos through overlapping rubber value-chain participation, but operates across a much broader chemicals portfolio.
  • Wacker Chemie: German specialty chemicals company producing silicones, polymers, and bio-engineered products for industrial customers. Comparable to Synthos as a competing European specialty polymer manufacturer with adjacent elastomer/silicone capabilities.

Direct peers

  • Trinseo: Global styrene-butadiene rubber (SBR) and latex binder producer with direct overlap to Synthos's core SBR business serving tire, automotive, and industrial rubber customers. Comparable as a competing polymer manufacturer with similar product mix and end-market exposure.
  • ARLANXEO: Synthetic rubber joint venture historically backed by LANXESS and Saudi Aramco, producing EPDM, NBR, BR, and SBR for tire and industrial rubber customers. Comparable to Synthos as one of the largest direct competitors in European synthetic rubber polymer manufacturing.
  • Versalis: Eni's petrochemical subsidiary producing butadiene, SBR, EPDM, and elastomers with integrated C4 processing similar to Synthos's historical footprint. Comparable as a competing European petrochemicals-to-rubber integrated platform.
  • Synthomer: UK-listed specialty polymers company with a strong SBR and emulsion polymers franchise serving footwear, textiles, and industrial markets. Comparable to Synthos as a competing synthetic rubber polymer producer targeting similar industrial customer segments.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Synthos social profiles

Digital presence

Synthos financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Synthos leadership team

Management profile

Number of profiles

Profiles1 record

Synthos subsidiaries and ownership

Company hierarchy

Subsidiaries1 record

Synthos funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Synthos M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Synthos

What does Synthos do?

Synthos manufactures and sells styrene-butadiene rubber (SBR) used in automotive tires and industrial applications, sustainable industrial adhesives, and petrochemical products including butadiene extraction. The company also participates in small modular reactor (SMR) nuclear energy development through its Synthos Green Energy joint venture with Orlen SA using GE Vernova's BWRX-300 reactor design.

Is Synthos a public or private company?

Synthos is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Synthos founded?

Synthos was founded in 1945. It employs 1,001 to 5,000 people.

Where is Synthos based?

Synthos is headquartered in Oswiecim, Poland, in the Europe region.

How does Synthos make money?

Three revenue lines are on record. Styrene-Butadiene Rubber (SBR) products are the primary driver. The others are sustainable adhesives and petrochemical products (butadiene extraction).

Who are Synthos's main competitors?

Emerging players on record are Henkel and HB Fuller. Broad incumbents are Arkema, BASF, LANXESS and Wacker Chemie. Direct peers are Trinseo, ARLANXEO, Versalis and Synthomer.

Does Synthos have an API?

No public API is recorded for Synthos.

What industry is Synthos in?

Synthos's product category is Industrial Chemicals. Its primary akta.pro industry code is IMANAAAD, Elastomers & Synthetic Rubber Polymer Manufacturing (SBR, BR, NBR, EPDM, Silicone base polymers), with a secondary code of IMAEADAJ, Synthetic Rubber & Elastomer Feedstocks (SBR, BR, NBR, EPDM). Its NAICS code is 325212 and its SIC code is 2860.

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Live signals
PirelliPIRELLI, PYRUM, SYNTHOS AND BASF PARTNER TO TRANSFORM END‑OF‑LIFE AND SCRAP TYRES INTO RECYCLED MATERIALS FOR NEW PRODUCTSPirelli, Pyrum, Synthos, and BASF have launched a 'tyre-to-tyre' circular economy initiative in Europe to transform end-of-life and scrap tyres into recycled materials for new products. The project establishes an industrial ecosystem where Pyrum processes tyres into recovered carbon black and pyrolysis oil, which are then supplied to Pirelli and BASF respectively for use in manufacturing synthetic rubber and chemical products.BloombergBillionaire Sees Poland’s Small Nuclear Reactors Online in 2030Billionaire Michal Solowow predicted at Bloomberg's Future of Finance conference in Warsaw that small modular reactors will come online in Poland by late 2030, marking nuclear power's entry into the country's energy mix. His company Synthos, in a joint venture with state-controlled Orlen SA, is developing the small modular reactors through this partnership. The announcement highlights growing industrial interest in distributed nuclear energy solutions across Europe.IndianchemicalnewsOrlen acquires control of key petrochemical unit in deal with SynthosORLEN has acquired full ownership of S54 from Synthos for approximately PLN 692 million, gaining control of a butadiene extraction unit currently under development at its Production Plant in Płock. The transaction also includes restructuring of existing commercial agreements, shortening the Butadien Kralupy joint venture and related contracts from 2049 to 2038, while securing two additional years of ethylene and benzene offtake in the Czech market. The deal is expected to strengthen ORLEN's petrochemical value chain and enable the New Chemicals project to advance according to its strategic direction.The Business Research CompanyConstruction Chemicals Market Size, ShareThe global construction chemicals market is projected to grow from $53.38 billion in 2024 to $84.22 billion by 2029, driven by rising global construction demands and the need for structural resilience against catastrophic events. However, escalating U.S. tariffs and trade tensions are expected to increase infrastructure development costs and disrupt supply chains, particularly for producers reliant on Chinese raw materials. Major industry players such as Saint-Gobain, Fosroc, and Synthos are responding through strategic partnerships, acquisitions, and the development of eco-friendly products to maintain competitiveness.Argus MediaStyrene markets: a look at the shifts in China, EuropeChina's styrene monomer (SM) capacity has surpassed its derivative capacity for the first time, with the country adding 9 million tonnes of SM capacity from 2022 to 2027, making it a structural exporter and displacing traditional suppliers from Saudi Arabia, Taiwan, and Japan. European producers are struggling with higher costs, competition from Chinese and Saudi exports, and environmental regulations, leading to plant closures by INEOS, Synthos, and Trinseo, with European SM production forecast to decline from 4.3mn t in 2022 to 3.7mn t by 2028. Argus forecasts Europe's aggregate monthly exports of styrene derivatives have declined from 110,000t in April 2021 to around 20,000t by April 2023, signaling a structural decline in the European styrene industry.PR NewswireLummus Announces Cooperation with Synthos for Development of Biobutadiene TechnologyLummus Technology's Green Circle business announced a collaboration with Synthos to commercialize Synthos' biobutadiene technology for sustainable synthetic rubber production. The first phase involves developing a feasibility study for a biobutadiene plant with a capacity of 20,000 tons per year, which will serve as the basis for an investment decision. The technology aims to produce biobutadiene from bioethanol, positioning it as a new standard for renewable synthetic rubber production supporting the energy transition.GlobeNewswireCorrection: Stabilization Notice (ISSUER NAME MISPELT)BNP Paribas, as Stabilisation Coordinator, announced that BNP Paribas and Goldman Sachs may stabilize the offer of Synthos S.A.'s 2.5% 7-year bonds with a EUR 600M aggregate nominal amount. The stabilisation period is expected to run from May 28 to July 7, 2021, with over-allotment permitted.Business Wire BlogTrinseo Announces Sale of Synthetic Rubber Business to Synthos S.A. for $491 MillionTrinseo agreed to sell its synthetic rubber business to Synthos S.A. for $491 million, including $449.4 million cash and pension liabilities. The deal is expected to close in 2022, with about 440 employees joining Synthos. The sale supports Trinseo's transformation toward higher-margin specialty materials.PR NewswireResearch and Markets - Global Expanded Polystyrene Market to Grow at a CAGR of 6.27% by 2021 - Key Vendors are Alpek, Dow Chemical, Kaneka, Synthos & TotalResearch and Markets has released a market research report projecting the global expanded polystyrene market to grow at a compound annual growth rate of 6.27% during 2017-2021. The report identifies key vendors operating in this market as Alpek, Dow Chemical, Kaneka, Synthos, and Total, and notes that high demand from emerging economies such as Brazil, China, Russia, Turkey, Indonesia, South Korea, Mexico, and India is a major driver for the market. Lower supply constraints in Europe following the establishment of new polymer foam production facilities in China is identified as a market trend that could affect pricing.PR NewswireEurope Food Packaging Expanded Polystyrene Market. By Type By Food Service EPS Type - Forecast to 2021The Europe food packaging expanded polystyrene (EPS) market was valued at USD 291.8 million in 2015 and is projected to reach USD 347.1 million by 2021, growing at a compound annual growth rate (CAGR) of 2.8% during the forecast period. EPS is a lightweight thermoplastic material widely used in food packaging due to its resistance to fungi and microorganisms, with the market segmented into food service and protective packaging types. Key players in the market include BASF SE, Synthos SA, Kaneka Corporation, PJSC SIBUR Holding, and several other manufacturers operating across the U.K., Germany, France, Italy, Poland, and the Czech Republic.