Unilever channeling additional $600m
Anglo-dutch consumer goods giant Unilever plans to invest an additional US $600 million in Indonesia. The investment will finance the expansion of Unilever’s three factories in Java. Earlier, Unilever has already invested €90 million to build a new, state-ofthe-art personal care factory and to expand existing ice cream and personal care factories to increase Unilever’s capacity for growth and service increasing demand for beauty products and ice cream in Indonesia and in other parts of Asia and Africa.
These developments complement Unilever’s move to build additional capacity in the Home Care and Foods categories in Indonesia this year to deliver bigger and better innovation more quickly to consumers. Unilever seeks the Indonesian government to ensure the supporting infrastructure.
According to Paul Polman, CEO Unilever, “Ice cream and soap sales had shown solid growth in recent years. The new facility for making Dove soap would also fulfill overseas market demands in addition to the domestic demand.”
Susilo Bambang Yudhoyono, President of Indonesia, regarded Unilever’s participation as significant in the process of boosting Indonesia’s economy by curbing poverty and famine.
Polman said Indonesia played an important role in the global economy and Unilever liked doing business in Indonesia — the main exporter in the region for several Unilever products