# Tianyang New Material forms joint venture for adhesive business

Tianyang New Material is partnering with Changzhou Weston Adhesive Materials to establish Tianyang Yixing New Material with a registered capital of 10 million yuan. Tianyang will hold a 51% stake with a 5.1 million yuan cash investment.

- Type: Partnership
- Announced: 2026-11-09
- Where: China
- Value: $1.40M (10.0M CNY)
- Status: announced
- Products: hygiene pressure-sensitive adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Tianyang New Material](https://endata.com/companies/95563.md) (partner)
- [Changzhou Weston Adhesive Materials](https://endata.com/companies/95564.md) (partner)

## Sources

- [filingreader.com](https://filingreader.com/news-wire/shanghai/2026-11-09/tianyang-new-material-forms-joint-venture-for-adhesive-business), 2026-11-09: "Tianyang New Material will hold a 51% stake with a 5.1m yuan cash investment, while Weston will own the remaining 49% with 490,000 yuan."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.