# Banfert and Kleiberit to build Asia-Pacific R&D center and production base in China

Banfert New Materials and Germany's Kleiberit signed an agreement to invest approximately 200 million yuan to build the Kleiberit Asia-Pacific R&D Center and Hot Melt Adhesive Production Base in Ningxiang High-tech Zone, China. The project includes 8 production lines with an annual output of 20,000 tons of PUR hot melt adhesive.

- Type: Partnership
- Announced: 2023-11-22
- Where: Ningxiang High-tech Zone, Hunan, China
- Value: $28.0M (200.0M CNY)
- Status: announced
- Capacity: 20,000 tons per year of PUR hot melt adhesive
- Products: PUR hot melt adhesive
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Banfert New Materials Co., Ltd.](https://endata.com/companies/73954.md) (partner)
- [Kleiberit Adhesive Chemistry Co., Ltd.](https://endata.com/companies/73955.md) (partner)

## Sources

- [banfertgroup.com](https://www.banfertgroup.com/landmark-announcement--banfert-teams-up-with-kleiberit-to-seal-deal-on-asia-pacific-rd-center-and-production-base-project), 2023-11-22: "The 'Kleiberit Asia-Pacific R&D Center and Production Base Project,' jointly established by Banfert New Materials Co., Ltd. and Germany's Kleiberit Adhesive Chemistry Co., Ltd., was successfully signed in Ningxiang High-tech Zone."

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