Unilever, the multinational consumer goods giant, has opened a new €80 million ($78.4 million) factory in the Philippines to increase production of its personal care ranges in the country by 15%.
Located in the province of Cavite, the factory will manufacture Sunsilk and Creamsilk haircare products, as well as deodorant ranges from Rexona and Dove.
Commenting on the new facility, Unilever Philippines chairman and CEO Benjie Yap said: “Our investment in the new factory is anchored in our purpose to meet the needs of consumers and our customers. Emerging markets contribute 59% to Unilever’s global turnover and the Philippines remains an important market and growth driver for the company”.
Unlike other mutinationals who are chiefly reliant on imports, 90% of what Unilever sells in the Philippines is manufactured locally, the company added.
“Working with local suppliers in this way is not only good for shortening Unilever’s supply chains, it also reduces emissions and invigorates the local supplier base”, it said.