Synprosyn
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Native name | Mikamintuj Nada |
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Direct distributist syndicate | |
Industry | Plastics, petrochemical refining, industrial waste recycling |
Founded | January 7, 1910Batana, Talahara | in
Area served | Global |
Key people |
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Ⲇ3.77 billion (2023) ($4.9 billion) | |
Total assets | Ⲇ26.4 billion (2023) ($34.28 billion) |
Members | 31,900 (2022) |
Website | synprosyn.tal.com |
Synthetic Products Syndicate DDS (Takelat: ⵎⵉⴽⴰⵎⵉⵏⵜⵓⵊ ⵏⴰⴷⴰ ⵎⴱⵏ; Mikamintuj Nada MBN), commonly known as SynProSyn (MiMiNa) is a Talaharan chemical producer based in the capital of Maktarim, with facilities across the country and several facilities across the world. Initially formed by a group of researchers from the National Petroleum Syndicate's research division, SynProSyn was established as a direct distributist syndicate as a result of market share negotiations in 1910, initially just manufacturing Talarite, one of the world's first synthetic plastics.
In addition to being one of the single largest syndicates in Talahara based on its assets and revenues, it is one of the largest chemical producers in the world, having also expanded into several niche ancillary sectors including chemical and industrial waste recycling. Politically, SynProSyn wields significant influence as one of the core stakeholders in the Eco-Future Industrial Group, an industrial salon with six seats on the Supreme Legislative Council and one representative at the Executive Council.
History
Establishment
In the latter decades of the 19th century, Talahara's National Petroleum Syndicate (NPS) was rapidly expanding following the discovery of large oil reserves in the southwestern region of Amara. As many of the reserves were equally accessible from the Timna Strip region of Yisrael, Talaharan operations were hardpressed to exploit the reserves as quickly as possible. While this pressure would be alleviated by the 1919 annexation of the Timna Strip, Talaharan extraction rapidly accelerated for several decades. This policy quickly led to extraction greatly exceeding domestic demand and in addition to creating a reserve, the NPS expanded its efforts in researching uses for petrochemicals.
The NPS laboratories began producing medical products such as phenol and formaldehyde from petroleum hydrocarbons. By 1907, a trio of scientists, Tabat Sekerdid, Mastyes Jawara, and Yabdas Ortayas, were attempting to find ways to reinforce natural materials with synthetic resins produced with the same equipment that synthesized phenol and formaldehyde. The result of these experiments was ultimately the creation of "Talarite", named after Talahara, a thermosetting synthetic polymer. The cured material was sensitive to moisture and brittle in cold temperatures, but it was resistant to high temperatures, did not conduct electricity, and in the hot and arid country, the product's flaws were of lesser consequence. Immediately following the report of the discovery, the broad applications of Talarite were apparent.
The production of Talarite by the NPS on a broader scale drew the ire of several other syndicates within the United Communes. Several industries that relied on imported natural resins such as shellac for the production of adhesives, cosmetics, and gramophone records were concerned that the NPS was expanding beyond its mandate and could become too singularly dominant in Talahara's social market following its already meteoric rise in the petroleum industry. In late 1909, a market share risk case was filed in the Talaharan courts, which concluded in January 1910 with the severance of petrochemical refinement from NPS and the establishment of SynProSyn as a new syndicate.
Later history
Over the subsequent two decades, SynProSyn expanded from a satellite facility in Batana to its own facilities in Bu Akaš. By 1928, the syndicate had established commercial offices in Maktarim. Its membership also quickly expanded from 50 in 1915 to 1,000 in 1930.
The immense market demand for synthetic plastics was a major factor in the syndicate's rapid rise, however, the membership was able to sustain its growth by working closely with educational institutions in Talahara and abroad, openly recruiting technicians and researchers from foreign universities. While early 20th-century Talaharan firms had a reputation for sluggish personnel growth due to the insular structure of unions and communes, SynProSyn set later trends for recruitment and has been credited with contributing to the public acceptance of détente with liberal republics and monarchies in the 1960s.
Talarite, and later more refined plastics, continued to be the major production focus of the syndicate into the latter half of the 20th century. SynProSyn kept pace with other advances in synthetics at the time, including polyester, nylon, PTFE, and aramid fibres. In 1955, SynProSyn absorbed the declining Union of Biochemists, expanding to produce some biochemicals, alkaline products, and other mineral-derived products. The absorption pushed the syndicate's membership in excess of 10,000.