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Gaomeng New Materials announced a 249.86 million yuan investment to expand its Nantong factory, adding 124,500 tonnes per year of adhesive materials and 4,800 tonnes of diethylene glycol byproduct capacity. The project includes new production lines for polyurethane adhesives, UV resins, and water-based coatings.
Beijing Gaomeng New Materials Co., Ltd. announced on August 12, 2022, that its wholly-owned subsidiary Nantong Gaomeng New Materials Co., Ltd. will invest 101 million yuan to build an electronic new energy adhesive project with an annual output of 46,000 tons in Rudong Coastal Economic Development Zone, Jiangsu Province. The project includes 32,000 tons of silicone sealant and other adhesives, with a construction period of one year.
| Site | Largest | Latest |
|---|---|---|
| Nantong, China | $37.0M | 2023-02-08 |
| No. 22, China | $14.9M | 2022-08-12 |