Henkel taps into megatrends
German industrial giant Henkel is tapping into China's megatrends through market-driven innovations and developing leading technologies amid rising demand for smart manufacturing and quality products, said Jeremy Hunter, the company's president in China and its Asia-Pacific head of transportation and metal.
As China's manufacturing sector requires more environmentally-friendly, cost effective and energy-efficient solutions amid the transformation from "the world's factory" to a true manufacturing power, boosted by the Made in China policy, long-term strategy and clear strategic priorities are important for businesses eyeing long-term quality growth, said Hunter.
In the first quarter of 2017, Henkel achieved a strong financial performance, reaching record sales of 5.064 billion euros ($5.647 billion). All regions achieved organic sales growth, with Asia-Pacific sales growing by 9.1 percent.