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Shandong ADINO New Materials Co., Ltd., a joint venture between China's Lisheng and Germany's ADINO Group, opened a hot melt adhesive plant in Tancheng County, Linyi. The facility, backed by 1.3 billion RMB investment, has annual capacity of 13,000 tons of PUR and 40,000 tons of EVA adhesives.
Adino signed a joint venture agreement with Listen Adhesives to produce hotmelt adhesives in a newly built factory in Shandong, China, with a first-phase capacity of 10,000 tonnes of PUR and 30,000 tonnes of EVA hotmelts. Production is targeted for Q3 2024.