INNOVATION_{UNDERSTANDING CHANGE, SHAPING THE FUTURE}

Henkel today broke ground on a new manufacturing facility of its Adhesive Technologies business unit within the Yantai Chemical Industry Park in Shandong Province, China. With an investment of approximately 120 million Euros ‏(RMB 870 million), the new plant, titled with the Chinese name ‘Kunpeng’, will enhance Henkel's production capacity of high-impact adhesive products in China, and further optimize the supply network, to better meet the growing demand from domestic and international markets.

As a global leader in automotive adhesives, sealants, thermal materials and functional coatings, Henkel Adhesive Technologies is dedicated to help solve the challenges of OEMs and battery manufacturers to accelerate the transition toward zero-emission mobility. Therefore, Henkel has extended its broad portfolio of solutions for EV battery systems with a first-of-its-kind injectable thermally conductive adhesive. The new adhesive – Loctite TLB 9300 APSi – provides both structural bonding, as well as thermal conductivity in the battery system. The breakthrough product has already been adopted by one of the world’s largest EV battery manufacturers.

Henkel has signed an agreement on the sale of its business activities in Russia to a consortium of local financial investors. In April 2022, the company had announced the decision to exit from Russia.