On April 8th, 2021, Rimrise Ltd, the parent company of Optichem Polymers Thailand Ltd, completed its acquisition of Synthomer Thailand Ltd.
Synthomer Thailand Ltd. is a leading producer of solvent-borne acrylics to the coatings and construction industries, famous for the ‘Durasol’ brand (1 K and 2K systems). The Synthomer Thailand Ltd. plant was originally built by Momentive Specialty Chemicals (Hexion) in 2013. Synthomer Group acquired the plant from Hexion in 2016. Effective 8th of April 2021, Synthomer Thailand Ltd. has been renamed Optidur Polymers Ltd. by its new owners.
The combination of Optidur with Optichem (Water-based acrylics) will provide customers with a full range of specialty acrylic-based polymers, brands, and global capabilities. Optidur and Optichem will provide innovative solutions to create a safer world, with focus on South-East Asia, Australia, and New Zealand.
The leadership and team members of Optidur (formerly Synthomer Thailand Ltd.) have joined the family of Optichem (Rimrise Group). The combined teams will work towards delivering synergies under a unified organization. They will leverage the best of both companies to improve technology, safety, and go-to-market strengths.