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.

Henkel has opened a new Adhesive Technologies Application Engineering Center in Shanghai. Focusing on future-oriented technologies across key industries, the center is designed to accelerate the transformation of innovations into industrial applications through the testing of localized applications and process scale-up. The facility is expected to further enhance Henkel’s ability to serve both the Chinese and Asia-Pacific markets.

Henkel Adhesive Technologies further strengthens its corporate venture capital activities by investing in the third fund of Richland Capital ‏(Richland Capital Fund III), Beijing, China. Richland Capital is a leading investment firm for emerging technology in China, focusing on investments in advanced materials, high-end manufacturing equipment and digital technologies as well as digital business models. As limited partner of the fund Henkel will strengthen its access to the fast-growing start-up-scene in China which has become a global hotspot for material science in recent years.