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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Synthomer Plc | LSE:SYNT | London | Ordinary Share | GB00BNTVWJ75 | ORD 1P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.50 | -0.21% | 241.00 | 238.50 | 240.50 | 247.50 | 238.00 | 242.00 | 31,854 | 08:53:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Chemicals & Chem Preps, Nec | 2.02B | -67M | -0.4096 | -5.86 | 392.56M |
From Apr 2019 to Apr 2024
TIDMSYNT
RNS Number : 6344A
Synthomer PLC
02 January 2018
The Company considers this announcement to contain inside information
2 January 2017
Synthomer plc
Disposal of Synthomer Leuna Gmbh facility
Synthomer plc (LSE:SYNT) ('Synthomer' or the 'Group'), a leading speciality chemicals company, today announces that it has sold its Leuna site in Germany to Alberdingk Boley Gmbh for an undisclosed price.
The site will continue to manufacture products for Synthomer for an initial period prior to transferring the manufacture of product to the remaining Synthomer network.
The Leuna site was acquired as part of the Hexion PAC acquisition in 2016. The ongoing operational savings related to the sale of the site form the final part of the Group's $12m synergy target relating to that acquisition. Accordingly the sale, which completed on 1 January 2018, will conclude the integration of Hexion PAC into the Synthomer Group.
-Ends-
Enquiries:
Calum MacLean, Chief Executive Officer Tel: 01279 436211 Stephen Bennett, Chief Financial Officer Tel: 01279 436211 Charles Armitstead, Teneo Blue Rubicon Tel: 020 3603 5220
This information is provided by RNS
The company news service from the London Stock Exchange
END
DISLLFSVLTILIIT
(END) Dow Jones Newswires
January 02, 2018 02:00 ET (07:00 GMT)
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