Henkel has opened what it claims is the world’s largest adhesives factory. With this new production facility in Shanghai, the company is expanding its production capacity in a major emerging market and will deliver its innovative adhesive technologies more quickly to the growing number of customers based in China and the Asian region.

The new factory, which is also known as the Dragon Plant at Henkel, comprises 150,000 square meters of space and is now the central production site for industrial adhesives in China and the Asia-Pacific region. Customers being served by the new adhesives plant include enterprises in the automotive industry and various consumer goods sectors. Annual output is forecast to reach up to 428,000 metric tons of adhesives.

“This new adhesives factory will contribute significantly to the achievement of our strategy 2016: It will enable our adhesives business to expand and leverage its global reach, and win market share in emerging markets,” said Kasper Rorsted, chairman of the management board of the Henkel Group.

“The inauguration of the ‘Dragon Plant’ is an important milestone for us and our customers,” said Jan-Dirk Auris, executive vice president adhesive technologies at Henkel. “Having this larger production facility brings us closer to our customers in the region, not just geographically but also by reinforcing our commitment to partnering for innovation and mutual success.”

The company has invested more than 50 million euros in the plant and will employ about 600 people there.