diff --git a/CHANGELOG.md b/CHANGELOG.md
index a80473954..84e7aef6d 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,3 +1,16 @@
+<a name="0.0.0"></a>
+# [0.2.3](https://github.com/trimox/angular-mdc-web/compare/v0.2.2...v0.2.3) (2017-07-25)
+
+
+### Features
+
+* **drawer:** Implement MDC Drawer ([#54](https://github.com/trimox/angular-mdc-web/issues/54)) ([a4796b8](https://github.com/trimox/angular-mdc-web/commit/a4796b8))
+* **package:** Update to Material Design Components v0.16.0 ([e004529](https://github.com/trimox/angular-mdc-web/commit/e004529))
+* **textfield:** Add [dense] bool property to shrink font size/height. ([df4443d](https://github.com/trimox/angular-mdc-web/commit/df4443d))
+* **textfield:** Implement MDC Text field boxes ([e440d73](https://github.com/trimox/angular-mdc-web/commit/e440d73)), closes [#57](https://github.com/trimox/angular-mdc-web/issues/57)
+
+
+
 <a name="0.0.0"></a>
 # [0.2.2](https://github.com/trimox/angular-mdc-web/compare/v0.2.1...v0.2.2) (2017-07-17)
 
diff --git a/src/lib/package.json b/src/lib/package.json
index 95fa1ea60..558d206df 100644
--- a/src/lib/package.json
+++ b/src/lib/package.json
@@ -7,7 +7,7 @@
     "type": "git",
     "url": "https://github.com/trimox/angular-mdc-web.git"
   },
-  "version": "0.2.2",
+  "version": "0.2.3",
   "license": "MIT",
   "keywords": [
     "angular-mdc",
@@ -21,7 +21,7 @@
   "typings": "./index.d.ts",
   "private": false,
   "dependencies": {
-    "material-components-web": "^0.15.0"
+    "material-components-web": "^0.16.0"
   },
   "peerDependencies": {
     "@angular/core": ">=4.0.0",