# Forest Chemical Group opens new adhesive plant in Alicante, Spain

Forest Chemical Group invested EUR 3 million in a new 6,000-square-meter adhesive production plant in Alicante, Spain, which will quintuple its production capacity.

- Type: New facility
- Announced: 2023-06-26
- Where: Alicante, Spain, Spain
- Value: $3.27M (3.00M EUR)
- Status: completed
- Capacity: quintuples production capacity
- Products: adhesives, hot melt adhesives
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Forest Chemical Group](https://endata.com/companies/71072.md)

## Sources

- [alicanteplaza.es](https://alicanteplaza.es/alicanteplaza/forest-chemical-invierte-3-millones-en-una-planta-de-6000-metros-para-impulsar-su-expansion), 2023-06-26: "Este paso representa un hito importante dentro de la estrategia global de crecimiento a largo plazo de la compañía ya que permitirá multiplicar por 5 su capacidad productiva"
- [elespanol.com](https://www.elespanol.com/alicante/economia/20230626/forest-chemical-group-invierte-millones-nueva-planta-produccion-pla-vallonga/774422877_0.html), 2023-06-26: "El nuevo centro productivo nos permitirá cumplir con las exigencias y necesidades de los clientes a nivel global."

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