Henkel and Synthomer Partner To Cut Carbon Emissions in Adhesives
DÜSSELDORF /3BL/ - Henkel, a global leader in adhesives, sealants and functional coatings, and Synthomer, a world-leading supplier of high-performance, highly-specialized polymers and ingredients, have announced a strategic partnership and supply agreement focused on enabling carbon emission reductions in Henkel's TECHNOMELT® hot melt adhesive product portfolio for the European, Indian, Middle Eastern and African markets. This collaboration highlights both companies' leadership in advancing sustainable adhesives through innovative collaborations along the value chain.
This partnership follows Synthomer's recent launch of CLIMA-branded products. Products with this designation, like their REGALITETM line, deliver at least a 20% reduction cradle-to-gate in the product carbon footprint by using renewable energy in the production process. Henkel and Synthomer have jointly developed a framework that links renewable energy use directly to specific adhesive products, enabling measurable reductions in carbon emissions.
Henkel and Synthomer's partnership is built on a mutual commitment to sustainability. Henkel aims to reduce absolute Scope 3 GHG emissions by 30 percent by 2030 (base year 2021), with the goal of becoming net-zero by 2045. To support this, it is incorporating raw materials with reduced process emissions footprint into adhesive formulations, helping lower Scope 3 emissions while maintaining high quality performance. Synthomer is contributing by reducing emissions from manufacturing operations, with a goal to cut absolute Scope 1 and 2 greenhouse gas emissions 47 percent by 2030, using 2019 as the base year in line with its Science-Based Targets goals.
Synthomer's improved manufacturing approach leverages renewable electricity, biogas and process optimization, significantly lowering the carbon footprint of their products. These carbon reductions are measured through Product Carbon Footprint (PCF) reporting, which follows ISO14067 standards and the Together for Sustainability (TfS) guidelines. The PCF methodology used in this collaboration is being externally validated by TÜV SÜD, adding a strong layer of verification and credibility.
'As industry leaders in the adhesives market, we share the responsibility to drive meaningful change,' said Pernille Lind Olsen, Corporate Senior Vice President, Adhesive Technologies Henkel. 'By partnering with suppliers like Synthomer who are equally committed to transparency, innovation, and verifiable climate action, we're not just reducing emissions, we're redefining what leadership looks like in our industry.'
'We are proud to support Henkel and their customers with novel adhesive solutions based on a significantly reduced carbon footprint. Our capability is based on our broad portfolio of high performing adhesive ingredients, a global production and development network paired with a relentless passion for innovation and sustainability. We continue to engage with partners to create sustainable value chains and reduce carbon emissions on our planet.' says Stephan Lynen, Synthomer's President for Adhesive Solutions.
Hot melt adhesives are used in a variety of industries and applications from packaging and consumer goods to electronics and automotive. The integration of Synthomer's CLIMA resins into Henkel's TECHNOMELT® hot melt adhesive portfolio will lower environmental impact while maintaining the same high-quality solutions the market expects from Henkel. TECHNOMELT® adhesives are trusted for reliability, quality and proven results across a variety of applications.
The shared focus on sustainable product development and carbon footprint transparency highlights how strategic partnerships can drive progress and establish industry standards.
About Synthomer plcSynthomer plc is a leading supplier of high-performance, highly specialized polymers and ingredients that play vital roles in key sectors such as coatings, construction, adhesives, and health and protection – growing markets for customers who serve billions of end users worldwide. Headquartered in London, UK and listed there since 1971, we employ c.4,000 employees across our five innovation centers of excellence and 31 manufacturing sites across Europe, North America, Middle East and Asia.Our purpose is creating 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 centers of excellence in the UK, China, Germany, Malaysia and USA we collaborate closely with our customers to develop new products and enhance existing ones tailored to their needs, with an increasing range of sustainability benefits. Our 2030 decarbonization targets have been approved by the Science Based Targets initiative as being in line with what the latest climate science says is necessary to meet the goals of the Paris Agreement, and 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. Find us at www.synthomer.com or search for Synthomer on LinkedIn.
Contact:Sebastian HinzAdhesive TechnologiesMedia RelationsHeadquarters, Düsseldorf/[email protected]
Visit 3BL Media to see more multimedia and stories from Henkel
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
31 minutes ago
- Yahoo
Companies record fourth-quarter profits that are half their earnings in the interim quarters
This story was originally published on To receive daily news and insights, subscribe to our free daily newsletter. CFOs who like to watch the stock markets might be interested to know that investors and analysts consistently miss a profit-making opportunity related to companies' fourth-quarter earnings. During 35 years from 1989 through 2023, U.S. public companies reported fiscal fourth-quarter profits that were an average of 49.6% lower than the average of the three interim quarters, according to a new, so-far unpublished paper. The effect was shown to be strongly present in every year tracked in the study, which was performed by Oliver Binz and Martin Kapons, assistant professors at European universities ESMT Berlin and INSEAD, respectively. Virtually all of the Q4 earnings falloff was attributed to inaccurately low accrual expense estimates for the interim quarters, particularly for the cost of goods sold and sales, general and administrative expenses. That caused a shift in such expenses to the fourth quarter. Tentatively titled 'The Fourth-Quarter Earnings Effect,' the study normalized earnings across the spectrum of company sizes by using a standard method of computing return on assets — income before extraordinary items, divided by total assets — as the measurement of earnings. The study included all U.S. companies with publicly traded equity or debt. Despite the regularity of lower Q4 earnings, analysts repeatedly reacted negatively to the annual earnings announcements that include Q4 results, and investors followed, thus ignoring a profit opportunity hiding in plain sight. Additionally, the research found, negative reactions to 4Q announcements typically washed out of the market within two months, while negative reactions to interim-quarter announcements generally didn't reverse at all. 'This pattern is so clear that it would be relatively easy to come up with a trading strategy that would generate abnormal returns,' Binz said. Specifically, a hedging portfolio created by buying the stocks of companies reporting Q4 earnings that negatively surprised analysts, and selling the stocks of companies that did so for interim-quarter earnings, would have earned an alpha averaging 0.6% per month, or 7.2% annually, during the study period. But if the market pattern that creates this profit opportunity is clear, why have analysts and investors not leveraged it more? It's particularly curious behavior because, as Binz told research documented decades ago that analysts' Q4 forecasts were systematically optimistic. To be sure, market reactions to the Q4 earnings misses are less negative than for earnings surprises in the other quarters, indicating that analysts and investors 'may get it to a certain degree,' said Binz. 'But they don't get it fully.' Binz said that to his knowledge, the paper would be the first to document the fourth-quarter earnings effect, although some prior research hinted at it, such as one study concluding that loss-making firms tend to have high special charges in the fourth quarter. Consider, though, that (1) U.S. public companies are not required to break out Q4 results separately from the full-year results presented in annual reports; (2) full-fledged audits are not required for the interim quarters; and (3) most profit-forecasting frameworks rely on annual data, while quarterly data is relatively little-used. Consequently, Binz suggested, 'there might be more pressure from auditors, investors, and other stakeholders to get the numbers right for the full fiscal year than there is for the interim quarters.' While Q4 data has always been easily calculable, 'it's not like it's straight in sight.' In fact, the SEC has come under fire for continuing to mandate quarterly reporting. Warren Buffett, for one, is not a fan. CFOs, for their part, don't tend to be much concerned with short-term fluctuations in their company's stock price. And they likely don't care enough about the annual dips in Q4 income to warrant investment in making sensible accrual estimates in the interim quarters, since the dips are caused merely by a shift of accrual expenses to the fourth quarter and don't impact annual results. But is that lack of attention wise? 'From prior research, we have some indication that managers actually rely on these accrual estimates when making decisions,' Binz said. 'So if the financial reporting is systematically off, they might make worse decisions. That is speculation, but it's the next natural question to ask.' Binz and Kapons are currently seeking input to fine-tune the paper in preparation for shopping it to investment journals. Sign in to access your portfolio
Miami Herald
33 minutes ago
- Miami Herald
How Mazda Plans To Outsmart America's Harsh Tariffs
Manufacturers importing vehicles and related components into the United States are all trying to find inventive ways to mitigate the effect of the Trump administration's tariffs, which are expected to increase the price of a new car by almost $2,000. Among the hardest-hit brands are European and Japanese, as they rely more heavily on imports. Mazda is part of this group, which is why the Japanese marque has hatched a new plan to reduce the impact of tariffs in the USA, but it may not be one you expect. Mazda's plan involved increasing sales in its domestic market of Japan by a third. Currently, the brand sells around 150,000 models annually in Japan, but it wants to boost that number to 200,000 units "as early as possible," reports Automotive News. Using its experience of growing the brand in the United States, Mazda will grow domestic sales, too. This process will go beyond its range of cars, as Mazda will also optimize its sales network and relook at its marketing strategy. "Considering various situations including the most recent tariffs, we think there is a pressing need to rebolster and accelerate our domestic business," said Tadashi Miura, Mazda president. After the USA, Japan is Mazda's biggest market, but it only makes up approximately 10 percent of the brand's global sales. Five other Japanese brands all outsell Mazda domestically, these being Honda, Toyota, Nissan, Suzuki, and Daihatsu. It all means that there is room for Mazda to increase sales in Japan. The 25% tariffs impact most of Mazda's US lineup, from the CX-5 to the CX-70 and CX-90, all popular crossovers. These models are produced in Japan, as is the MX-5 Miata sports car. An exception is the CX-50, which became the first Mazda to be produced at the Mazda Toyota Manufacturing USA plant in Huntsville, Alabama. Jointly owned by Mazda and Toyota, the plant also builds the subcompact Toyota Corolla Cross. As Toyota's relationship with Mazda deepens, the possibility exists for more Mazda models to be produced at the Huntsville plant. However, this could take a lot of time, which is why it's wise for Mazda to look at multiple opportunities, including the drive to boost sales in Japan. Last month, Mazda sales declined by over 6% in the USA compared to May 2024, indicating that the effect of tariffs are already being felt, just as the brand predicted. It remains to be seen how quickly and effectively Mazda can halt this trend, and that may come down to its initiative in Japan. Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
37 minutes ago
- Yahoo
Crude Oil Settles Higher on US-China Trade Optimism
August WTI crude oil (CLQ25) Friday closed up +0.28 (+0.43%), and August RBOB gasoline (RBQ25) closed down -1.04 (-0.50%). Crude oil and gasoline prices settled mixed on Friday. Crude found support on signs of easing trade tensions as the US moves closer to trade deals with China and other trading partners. Also, uncertainty over Iran gave crude prices a boost after US Energy Secretary Wright said that sanctions against Iran will remain in place for now. In addition, Friday's rally in the S&P 500 to a new record high shows confidence in the economic outlook, which is supportive of energy demand and crude prices. Gains in crude oil were limited, and gasoline prices fell due to a stronger dollar. Also, the crude crack spread Friday slid to a 1-1/2 week low, discouraging refiners from buying crude and refining it into gasoline and distillates. Crude Oil Prices Climb on Positive Trade News Nat-Gas Prices Surge in Anticipation of Hot US Weather Crude Oil Settles Higher on US-China Trade Optimism Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Crude prices rose Friday after US Commerce Secretary Lutnick said that the US and China had finalized a trade understanding reached last month in Geneva. Also, Commerce Secretary Lutnick said the White House has imminent plans to reach agreements with a set of 10 major trading partners ahead of a July 9 deadline for reciprocal tariffs. Crude oil prices have underlying support from US and European intelligence reports suggesting that Iran may still have most of its stockpile of 60% enriched uranium even after the Israeli and US bombing runs, which means that sanctions will likely remain in place until Iran agrees to nuclear inspections. On Friday, President Trump said he considered easing sanctions on Iran after a ceasefire, but would instead keep sanctions in place after Iran's Supreme Leader, Ali Khamenei, claimed victory in the war with Israel. Concern about a global oil glut is negative for crude prices. On Wednesday, Russia stated that it is open to another output hike for OPEC+ crude production in August, when the group meets on July 6. On May 31, OPEC+ agreed to a 411,000 bpd crude production hike for July after raising output by the same amount for June. Saudi Arabia has signaled that additional similar-sized increases in crude output could follow, which is viewed as a strategy to reduce oil prices and punish overproducing OPEC+ members, such as Kazakhstan and Iraq. OPEC+ is boosting output to reverse the 2-year-long production cut, gradually restoring a total of 2.2 million bpd of production. OPEC+ had previously planned to restore production between January and late 2025, but now that production cut won't be fully restored until September 2026. OPEC May crude production rose +200,000 bpd to 27.54 million bpd. Gasoline prices have support from the American Automobile Association (AAA) projection that a record 61.6 million people will travel by car this Fourth of July holiday (June 28 to July 6), up +2.2% from last year and a sign of stronger gasoline demand. Oil prices continue to be undercut by tariff concerns, as President Trump recently stated that he intends to send letters to dozens of US trading partners within one to two weeks, setting unilateral tariffs ahead of the July 9 deadline that followed his 90-day pause. A decline in crude oil held worldwide on tankers is bullish for oil prices. Vortexa reported Monday that crude oil stored on tankers that have been stationary for at least seven days fell by -13% w/w to 79.66 million bbl in the week ended June 20. Wednesday's EIA report showed that (1) US crude oil inventories as of June 20 were -10.9% below the seasonal 5-year average, (2) gasoline inventories were -2.8% below the seasonal 5-year average, and (3) distillate inventories were -20.3% below the 5-year seasonal average. US crude oil production in the week ending June 20 was unchanged w/w at 13.435 million bpd, modestly below the record high of 13.631 million bpd from the week of December 6. Baker Hughes reported last Friday that active US oil rigs in the week ending June 27 fell by -6 to a 3-3/4 year low of 432 rigs. Over the past 2-1/2 years, the number of US oil rigs has fallen from the 5-1/4 year high of 627 rigs posted in December 2022. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
