Executive summary

Corporate Information

All the milestones of our history

Polynt was established in 1955 with an industrial site in Scanzorosciate (Bergamo), where the Group’s headquarters are now located.

Polynt is one of the leading producers of specific polymer chemical intermediates, such as anhydrides (Maleic, Phthalic, and Trimellitic) and their derivatives (e.g., Plasticizers), dibasic acids (Fumaric and Malic), unsaturated polyester resins, compounds and composites and special esters. Such products belong to the broad category of chemical intermediates, i.e., these products are in the middle of the chain that begins with oil refining continuing through production and up to the sale and distribution on the market of finished goods.

The products are used for the production of plastics, paints, inks and adhesives, electrical and electronic materials and components, paper and lubricants. The compounds are utilised in the transportation, construction and electrical industries. Further markets are food, feed and fragrances sectors.

The Company’s activity comprises research and development, production, marketing and sales. Polynt develops technologies that are utilised internally for production as well as licensed to third parties.

In addition to the six Italian sites (Brembate, Cavaglià, Parma, Ravenna, Scanzorosciate and San Giovanni Valdarno), Polynt oversees internationally with operating and commercial subsidiaries in Europe (Norway, UK, Spain, France, Germany, Poland), Asia (China, Korea, India, Malaysia) and America (Canada, USA, Mexico and Brazil).

This geographical expansion has been achieved both through the acquisition of existing businesses and the establishment of newly built operating facilities.

In 2001, Polynt acquired Lonza Compounds Verwaltungs and Lonza GmbH, two companies based in Miehlen (Germany).

In 2006, a company in Poland was set up and the construction of an operating site near Krakow for the production of Polyester Resins and Compounds commenced.

In 2006, Lonza S.p.A. changed its name to Polynt S.p.A. On 30 October of the same year, the Company’s shares were listed on the STAR segment of the Italian Stock Exchange.

In March 2007, Polynt Chemical (Changzhou) Co. Ltd. was set up in the Chinese province of Jiangsu. In June of the same year, this company acquired a company active in the production and sale of Trimellitic Anhydride and in February 2021 the factory was closed.

In the same year, a Special Plasticizers business managed through a commercial branch in Hong Kong was acquired.

Over the following years, Polynt built two new production plants in China dedicated to the production of Special Plasticizers and Special Anhydrides.

In 2008, following a takeover bid, Polynt was taken over by Polimeri Speciali S.p.A., indirectly controlled by InvestIndustrial, a leading European private equity funds.

In the same year, the Company was delisted from the Milan Stock Exchange after its shares rose by 104%, compared to the initial price quotation.

In August 2008, Polynt acquired 100% of Chemial Group SpA, a leader in the field of specialty chemicals for the food, feed and fragrances sectors and operating through its two companies in England and Italy.

In September 2008, the merger of Polynt S.p.A. into Polimeri Speciali SpA became effective.

Polimeri Speciali changed its name to Polynt S.p.A.

In 2011, the majority shareholder of Polynt, now called Polynt Group Sarl, acquired a business in the United States from Momentive Specialty Chemicals Inc. operating in the field of Composites and Resins for paints with four manufacturing sites in the U.S.

Polynt S.p.A. benefits from the collaboration with this company, in which it later acquired a minority stake.

In 2012, Polynt France Sarl began to operate. The company, based in Lyon, markets and sells the Group’s products on the French market.

In 2013, Polynt Iberica SL is set up to manage, through its office in Barcelona, the marketing and sale of the Group’s products on the Spanish and Portuguese markets. In June 2018 the company was closed.

In December 2014, the Group completed the acquisition from Total S.A. of the companies belonging to CCP Composites Division operating in the unsaturated polyester resin industry, gelcoats and vinyl, with 26 locations in Europe, America, Asia and Australia with approximately 800 employees.

In May 2017 was announced the closing of the combination Polynt-Reichhold.
The new Group is a global company operating in the Intermediates, Coating and Composite Resins, Thermoset Compounds, Gel-coats and niche Specialties.

As of today, our Group is controlled by private equity funds managed by Black Diamond Capital Management, a US leading asset management firm.

Polynt is now a leader in specialty market niches and is ideally positioned to benefit from the expected growth in the target markets.