Henkel has opened the world's largest adhesives factory in Shanghai. The factory, called the Dragon Plant
, opened on September 18, 2013. The massive factory features 150,000 square meters of space. The Dragon Plant's annual output is forecast to reach up to 428,000 metric tons of adhesives.
Kasper Rorsted, Chairman of the Management Board of the Henkel Group, said in a statement, "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 market."
Henkel says the new plant is part of its plan to "consolidate and optimize its global production network." About 600 people will work at the plant. The plant has green features, such as condensed water recovery systems, which cuts the water usage in half. Another feature is special translucent roofs which let more daylight in and reduce electricity usage for lighting. There is also a system for recovering waste heat.