# Shandong Jitai New Materials invests 360 million yuan in eco-friendly adhesive project

Shandong Jitai New Materials Co., Ltd. announced a 360 million yuan investment to build a facility in Tancheng, Shandong, producing 150,000 tons/year of waterborne acrylic resin and other eco-friendly adhesives and sealants.

- Type: Investment
- Announced: 2024-12-28
- Where: Tancheng Economic Development Zone, Tancheng Chemical Industrial Park, Shandong, China
- Value: $50.0M (360.0M CNY)
- Status: announced
- Capacity: 150,000 tons/year waterborne acrylic resin, 20,000 tons/year waterborne polyurethane adhesive, 20,000 tons/year hot melt adhesive, 50,000 tons/year sealant
- Products: waterborne acrylic resin, waterborne polyurethane adhesive, hot melt adhesive, sealant
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Shandong Jitai New Materials Co., Ltd.](https://endata.com/companies/82047.md)

## Sources

- [tanhei.com](https://www.tanhei.com/news/enterprise/202412/41749.html), 2024-12-28: "山东吉泰新材料有限公司近日宣布了一项重大投资计划，总投资额达到3.6亿元，用于新建一系列环保型材料项目。"

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