Synthomer announces Dr. Martina Flöel to join its Board as Non-Executive Director

– UK, London –  Synthomer plc (LON: SYNT) today announced the appointment of Dr. Martina Flöel (Ph.D.) to its Board as a Non-Executive Director effective from 1 September 2023.

“I am delighted to welcome Martina to Synthomer’s Board. Her international experience and extensive knowledge of the chemicals sector in both an Executive and Non-Executive capacity over many years will be enormously valuable as we continue to execute Synthomer’s strategy to focus, strengthen and grow,” said Board Chair, Caroline Johnstone.

Martina Flöel will also join the Audit, Remuneration, and Nomination Committees.

About Dr. Martina Flöel

Martina Flöel has considerable executive experience in the chemical industry. Between 2003 and 2016, she led what became OXEA GmbH, after its creation as a joint venture between Celanese AG and Degussa AG. During that time, the business grew considerably through a focus on specialization. Before this, Martina held several senior roles at Celanese and its predecessor company, Hoechst AG, focusing on strategy, operations and capital investment, human resources, and innovation and technology.

Martina began her career as a research chemist at Hoechst after receiving a Ph.D. in chemistry from the Technical University of Munich.

Martina Flöel has extensive Non-Executive Board experience, having served since 2018 on the Board of Sasol Limited, the global chemicals and energy company, including as a member of the Remuneration, Capital Investment, Digital and Safety, Sustainability, and Ethics Committees. Between 2017 and March 2023, Martina was a supervisory Board member of Finnish-listed Neste Corporation, the renewable and circular solutions-focused refinery company, serving as a member of the Audit and Remuneration Committees. Between 2019 and 2020, Martina also served on the supervisory Board of a family-owned company in Germany.

About Synthomer plc

Synthomer plc is a leading supplier of high-performance, specialty polymers and ingredients for coatings, construction, adhesives, and healthcare end markets. Headquartered in London, UK, and listed there since 1971, we employ around 4,400 employees across nearly 40 locations across Europe, the USA, and Asia. With more than 6,000 customers and £2.4bn in continuing revenue in 2022, our three divisions are aligned to our end markets which play an important role in global megatrends including urbanization, climate change, and economic and demographic shifts. In Coatings & Construction Solutions, our tailored solutions enhance the sustainability and performance of a range of products such as architectural and masonry coatings, mortar modification, fiber bonding, waterproofing, and flooring, while our energy solutions promote drilling stability in challenging operating environments of the oil and gas industry. Adhesive Solution is a leading supplier of products that bond, modify, and compatible surfaces and components for various end markets including tapes and labels, packaging, hygiene, tires, and plastics. In Health & Protection and Performance Materials, we are a world-leading supplier of water-based polymers for medical gloves and a major European manufacturer of high-performance binders, foams, and other products for a range of niche applications. Our purpose is to create innovative and sustainable solutions for the benefit of customers and society. Around 20% of our sales volumes are from new and patent-protected products. At our innovation hubs in the UK, Germany, Malaysia, and Ohio, USA we collaborate closely with our customers to develop products tailored to their needs while minimizing environmental impact. We are working to embed sustainability in everything we do; we have reduced our scope 1 and 2 carbon footprint by one-third since 2019, and have been recognized for our leadership in sustainability by several authorities. Since 2021 we have held the London Stock Exchange Green Economy Mark, which recognizes green technology businesses making a significant contribution to a more sustainable, low-carbon economy.


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