founded 1863 headquarters harlow essex england key people neil johnson chairman calum maclean ceo revenue 870.1 million 2015 1 operating income 102.9 million 2015 1 net income 63.1 million 2015 1 website www.synthomer.com synthomer plc lse synt formerly known as yule catto & co is a british based chemicals business . it is a constituent of the ftse 250 index . contents 1 history 2 operations 3 references 4 sources 5 external links history edit the company traces its roots back to 1863 when andrew yule founded a trading house known as andrew yule & co. in calcutta . 2 at the same time andrew s brother george yule set up george yule & co. in london which acted as british agency arm of andrew yule & co. 3 when in 1919 andrew yule & co. and george yule & co. were sold to the us banking group j.p. morgan & co. and its british merchant banking affiliate morgan grenfell & co. both were turned from a partnership into a private limited company . 4 that same year thomas catto 1879 1959 was sent to india to take over the management of the firm from sir david yule 1858 1928 a nephew of andrew yule . 5 david yule continued to hold the title of chairman but had no active part in the operations of the business . 5 in 1920 thomas catto and david yule changed the name of the british purchasing arm of andrew yule & co. george yule and company to yule catto & company ltd. 6 due to increased taxation the devaluation of the indian rupee and the abolition of the managing agency system yule catto & co decided in 1969 to sell its shareholding in andrew yule & co. to the indian government . 7 with the acquisition of revertex chemicals in 1980 6 thomas catto s son stephen 1923 2001 started to turn yule catto & co. into an international speciality chemicals and building products manufacturer . 8 since 2007 the group has been transformed from a diversified chemical business to a focussed speciality polymer business . in 2012 the company changed its name to synthomer on the basis that the majority of its business already traded under that name . 9 operations edit the company has three activities polymer chemicals pharma chemicals and impact chemicals . 2 references edit a b c annual report 2015 pdf . synthomer . retrieved 15 april 2016 . a b yule catto company structure information from icis . icis.com . retrieved 3 april 2015 . yule catto & co aim 25 jones p. 96 a b yule newsletter issue 23 . yulefamily.com . retrieved 3 april 2015 . a b jones p. 325 jones p. 297 obituary lord catto daily telegraph 6 september 2001 interim management statement of yule catto & co plc for the period 1 july to 8 november 2012 sources edit jones geoffrey 2007 . merchants to multinationals . oxford university press . isbn 978 0 19 829450 4 . external links edit official site v t e ftse 100 ftse 250 companies of the united kingdom 3i infrastructure aa aberdeen asset management aberforth smaller companies trust acacia mining aggreko aldermore group alliance trust allied minds amec foster wheeler ao world ascential ashmore group assura atkins auto trader group aveva balfour beatty bankers investment trust barr a.g. bba aviation beazley group bellway berendsen berkeley group holdings bank of georgia bh macro big yellow group b & m european retail value bodycote booker group bovis homes group brewin dolphin holdings british empire trust britvic brown n. btg plc cairn energy caledonia investments capital & counties properties card factory carillion centamin cineworld city of london investment trust clarkson close brothers group cls holdings cmc markets cobham computacenter countryside properties countrywide cranswick crest nicholson cybg daejan holdings dairy crest debenhams dechra pharmaceuticals derwent london dfs dignity diploma domino s pizza drax group dunelm group edinburgh investment trust electra private equity electrocomponents elementis entertainment one essentra esure euromoney institutional investor evraz f & c commercial property trust fidelity china special situations fidelity european values fidessa group finsbury growth & income trust firstgroup fisher james & sons foreign & colonial investment trust g4s galliford try gcp infrastructure investments genesis emerging markets fund genus go ahead group grafton group grainger great portland estates greencoat uk wind greencore greene king greggs gvc holdings halfords group halma hansteen holdings harbourvest global private equity hastings group hays henderson group hicl infrastructure company hill & smith hiscox hochschild mining homeserve howdens joinery hunting ibstock icap ig group holdings imi inchcape indivior inmarsat intermediate capital group international personal finance international public partnerships investec ip group jardine lloyd thompson jd sports john laing group john laing infrastructure fund jpmorgan american investment trust jpmorgan emerging markets investment trust jpmorgan indian investment trust jrp group jupiter fund management just eat kaz minerals keller kennedy wilson europe real estate kier group ladbrokes laird lancashire holdings londonmetric property man group marshalls marston s mccarthy & stone meggitt mercantile investment trust metro bank millennium & copthorne hotels mitchells & butlers mitie moneysupermarket.com group monks investment trust morgan advanced materials murray international trust national express group nb global ncc nmc health ocado group onesavings bank p2p global investments pagegroup paragon group of companies paypoint paysafe pennon group perpetual income & growth investment trust personal assets trust petrofac pets at home phoenix group holdings playtech polar capital technology trust polypipe premier farnell pz cussons qinetiq rank group rathbone brothers redefine international redrow regus group renewables infrastructure group renishaw rentokil initial restaurant group rightmove rit capital partners riverstone energy rotork rpc group safestore saga savills scottish investment trust scottish mortgage investment trust segro senior serco shaftesbury shawbrook bank sig plc smith ds smurfit kappa group softcat sophos spectris spirax sarco engineering spire healthcare sports direct ssp group stagecoach group st. modwen properties supergroup svg capital synthomer talktalk group tate & lyle ted baker telecom plus temple bar investment trust templeton emerging markets investment trust thomas cook group tritax big box reit tr property investment trust tullett prebon tullow oil ubm udg healthcare uk commercial property trust ultra electronics holdings unite group vectura group vedanta resources vesuvius victrex virgin money weir group wetherspoon j d w h smith william hill witan investment trust wizz air woodford patient capital trust wood group workspace group worldwide healthcare trust zoopla retrieved from https en.wikipedia.org w index.php title synthomer & oldid 733109443 categories companies established in 1863companies based in essex1863 establishments in englandharlowchemical companies of the 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