Unilever is targeting growth in emerging markets with a 90 million investment to expand its production facility in Indonesia.
The investment sees Unilever building a new personal factory in the region as well as expanding existing personal care factories.
These facilities are being developed to address the increasing demand for beauty products in Indonesia and other parts of Asia and Africa and to deliver bigger, better and faster innovations to consumers.
Unilever, as the emerging markets consumer goods company, has set itself an ambitious goal – to double the size of our business whilst reducing our environmental impact,” says Unilever chief supply chain officer Pier Luigi Sigismondi.
These markets contribute significantly to the 54 per cent that Unilever currently generates from emerging markets, a figure we expect to rise substantially over the next ten years. We are excited by the enormous possibilities these markets offer and more investments will undoubtedly follow.”
