Home Sign in Research report Data Center Industry News Custom Research About us
Research report:                          Automotive  |  Electronics  |  Mechanical&Automation  |  New Energy  |  Medical  |  Advanced Materials  |  Building Products  |  Transportation  |  Communication  |  Chemical  |  Finance  |  IT Industry  |  Food  |  Home Appliances  |  Forestry  |  Agriculture  |  Textile  |  Culture Industry  |  Consumer goods  |  Others  |
 Home > Industry News > Consumer goods > Text
Unilever Plc to expand production in China
Author:Sino-report    Source:Xinhua    Number of clicks :     Update time:2011-05-03 14:04
Sino-report News Center May 2011

TIANJIN - Unilever Plc will build one of its largest production bases in the Chinese municipality of Tianjin, the company announced on Friday.

The move is part of a strategy to increase the presence of the global consumer products giant in the world's second-largest economy.

The facility will be located in the Binhai New Area of Tianjin, and will have an area of 53.33 hectares and annual production capacity of 100,000 tons, the company said.

"Unilever is very committed to China and we have a very fast-growing business here," said Harish Manwani, president of the company's Asian and African divisions.

The new production base will produce items such as washing liquid and toothpaste for the Chinese market and for export to Northeast Asian countries.


"Investment in the first phase of this site will reach $100 million, and I hope this will only be the beginning," said Manwani.

The maker of Lipton's tea and Dove soaps has business worth $20 billion in China, and the company intends to increase that figure fivefold by 2020.

Media reported earlier that the company's Chief Executive Officer, Paul Polman, is looking for higher profit margins this year.

That's in spite of rising costs and difficult trading conditions in Western Europe and North America.

Polman said Unilever should be capable of growing its underlying sales by between 4 and 6 percent each year.

Last week, the Anglo-Dutch company reported first-quarter sales rose 7 percent to 10.9 billion euros ($16.1 billion), helped by a strong performance in emerging markets such as China.

"We have delivered a good performance which demonstrates that the transformation of Unilever is progressing well; this is against a backdrop of rising commodity costs, weak consumer confidence and very competitive markets," said Polman last week in a statement.

Meanwhile, Unilever's rival Procter & Gamble Co (P&G) of the United States, whose products include Tide detergent and the Colgate range of dental products, has also announced solid growth.

P&G said that prices of commodities and raw materials will increase in the first half of the year, which will offset part of its operating margin.

Both Unilever and P&G have been asked by the Chinese government to delay raising prices, as Beijing is determined to keep soaring consumer prices under control.

Earlier this year, Premier Wen Jiabao set an inflation target of 4 percent for 2011.

However, inflation came in at 4.9 percent in January and February, before surging to 5.2 percent in March, despite the implementation of a series of measures designed to dampen rising prices.



Order Online
Contact Us
Tel: 400-988-9999
Phone :+8615313587056
Online Consultation
Skype: Please Please
Latest Reports
[Consumer goods] Tourism industry opening on agenda
[Consumer goods] Luxury brands eye younger customers
[Consumer goods] New retail to give growth fresh boost
[Consumer goods] Luxury firms diversifying into perfumes
[Consumer goods] Total Retail Sales of Consumer Goods in May 2018
[Consumer goods] Global sheep milk powder market revenue is expected to reach 144.45 million USD by 2025
[Consumer goods] Increasing popularity of convenience products in emerging economies including China, India, and Mexic
[Consumer goods] Water & wastewater treatment equipment market demand will grow owing to its significant usage in
Popular reports
Total Retail Sales of Consumer Goods in May 2018
Industry Data
China opens market to Kenya's agricultural products
China's publishing industry booming over past 40 years
Industrial Production Operation in July 2018
Total Retail Sales of Consumer Goods in July 2018
National Real Estate Development and Sales in the First Seven Months of 2018
NSDP/SDDS for the People's Republic of China
Market Price of Important Means of Production in Circulation, July 01-10, 2018
In the first five months of 2018, the profits made by industrial enterprises above the designated siz
Purchasing Managers Index for June 2018
Market Price of Important Means of Production in Circulation, June 21-30, 2018
In global EV battery shipments during Jan - Apr 2018, LG Chem and Samsung SDI ranked 4th and 6th
Based on Jan - Apr shipment record, Kia Motors Remain on Top 10 in Global PHEV Power Brands Ranking
Consumer Prices for May 2018
Producer Prices for the Industrial Sector for May 2018
Industrial Production Operation in May 2018
Investment in Fixed Assets for the First Five Months of 2018
National Real Estate Development and Sales in the First Five months of 2018
Producer Prices for the Industrial Sector for April 2018
Stable Performance for the National Economy in April
Total Retail Sales of Consumer Goods in April 2018
Industrial Production Operation in April 2018
National Real Estate Development and Sales in the First four months of 2018
Sales Prices of Residential Buildings in 70 Medium and Large-sized Cities in April 2018
Industrial Profits Increased in the First Four Months of 2018
Industry News
Iron and steel sector gains strength
China’s wines take center stage
Machinery manufacturing fair boosts Sino-Russian ties
Medical device manufacturers display their latest technology
Soybean farmers store crops amid hopes of higher prices
Tourism industry opening on agenda
Tech competition eases startups' access to China market
China's excavator sales grow 44.9% in October
China's solid waste imports continue to slump on tightened ban
Delivery orders jump 25.12% to 1.35b on Singles Day
Related Links

Sitemap       |       Join Us      |       Customer Service       |       About Sino-report
Copyright © 2011-2025 Sino-report Consult Inc.
No.18 Zhichun Road, Haidian District. Beijing 100089.China
Information and data contained in this site is for reference only pursuant to operate your own risk