Abstract: There is disclosed a composition which comprises an aqueous emulsion selected from (A-1) aqueous emulsion comprising a dispersoid which comprises a vinyl ester polymer (1) and a copolymer a (meth)acrylic ester and a primary hydroxyl group-containing ethylenically unsaturated monomer (2), the polymer (1) being present principally in the central part of the dispersoid, the copolymer (2) having a glass transition temperature of lower than 50.degree. C. an being present principally in the peripheral part thereof; and a dispersant comprising a vinyl alcohol polymer and (A-2) aqueous emulsion comprising a dispersoid which comprises a copolymer of a hydrophobic unsaturated monomer such as (meth)acrylic ester and a primary hydroxyl group-containing ethylenically unsaturated monomer; and a dispersant comprising a vinyl alcohol polymer having a mercapto group at an end thereof and a (B) polyvalent isocyanate compound.

Abstract: An adhesive composition is provided comprising (1) a member selected from the group consisting of an aqueous solution of polyvinylalcohol, an aqueous emulsion of vinyl acetate polymer and an aqueous latex of butadiene polymer and (2) a hydrophobic solution of an isocyanate compound or polymer.