Alicante-based Forest Chemicals Group, a company specializing in hot melt adhesives, announced a €3 million investment in a new factory of more than 6,000 square meters. The expansion is designed to boost production capacity by five times, according to the company.
The new facility near the firm’s existing site on Pla de la Vallonga in Alicante brings the latest technology and a high level of digital integration. Operations are scheduled to commence this week at the site, which strengthens the group’s capabilities in the regional market and beyond.
The strategic aim behind this investment is to sustain growth while advancing the company’s internationalization efforts and improving overall efficiency. The expansion marks a key milestone in Forest Chemicals Group’s long-term growth strategy, with the expectation of markedly increasing competitive capacity and global output.
Forest Chemical currently maintains a presence in 27 countries, with notable activities in Chile, Mexico, Peru, New Zealand and China. The company has actively pursued international partnerships to broaden its market reach and strengthen client relationships worldwide. Pedro Fernández, CEO of the group, emphasizes that the new production center will help meet global customer needs and support ongoing industry collaboration, while also contributing to Alicante’s local business ecosystem. The group’s leadership also serves on the board of a regional industry association focused on advanced tertiary services.
“Alicante should invest more in technology to avoid being so dependent on the sun and the beach”
This strategic move underscores Forest Chemicals Group’s commitment to sustainable, high-quality, innovative solutions, coupled with a focus on continuous improvement and sustained investment in research and development. The company aims to deliver exceptional service to its customers and to strengthen its market position amid future challenges and opportunities. Ongoing collaboration with international customers remains a priority, says Fernández.
Forest Chemicals Group was founded in 2010 by Pedro Fernández and Sergio Vega, two chemists from the University of Alicante who identified opportunities in adhesives and nanotechnology. Their early investments in research have driven the development of customized packaging adhesives for clients worldwide. Over the years, the group has collaborated with major brands across diverse industries, including Porcelanosa, Bonnysa, Smurfit Kappa, Zara, Barbadillo, Bocopa and Marqués de Cáceres, among others.
Today, the headquarters in Alicante employs a growing team of professionals, with around fifty people contributing to research, development, and production efforts that support the firm’s global operations.