Unilever Vietnam to invest nearly $120 million in Cu Chi plant

Jun 26th at 08:17
26-06-2025 08:17:24+07:00

Unilever Vietnam to invest nearly $120 million in Cu Chi plant

Unilever Vietnam is expanding its operations on an 11.1-hectare site within its existing factory at the Northwest Cu Chi Industrial Park.

The company has submitted an environmental impact assessment application for the factory located in Cu Chi district, Ho Chi Minh City.

Unilever Vietnam to invest nearly $120 million in Cu Chi plant

The factory produces sorbitol, an essential ingredient in toothpaste brands such as P/S, Close-Up, and Pepsodent. Previously, the supply was mainly imported. With the new production line, Unilever aims to be completely self-sufficient in input materials for internal production, not for sale on the market.

Unilever Vietnam plans to increase its investment capital by $109 million in the Cu Chi plant, raising the total capital to nearly $120 million. This investment is aimed at implementing the project to build a production line for liquid sorbitol with a designed capacity of around 14,000 tonnes per year.

The factory renovation and technical infrastructure construction phase will take place from April to December. Equipment installation will be carried out from October to February next year, followed by trial operation in February and operations beginning from the following April.

Domesticating the production of sorbitol helps the company enhance flexibility, reduce risks from global supply chain fluctuations, optimise costs, and control the quality of raw materials.

The move reflects Unilever’s continued investment in Vietnam and aligns with the government’s push to shift from basic processing to higher-value manufacturing for sustainable industrial development.

VIR

- 18:25 25/06/2025



NEWS SAME CATEGORY

International agriculture, livestock exhibitions open in HCM City

Two annual expos, the International Exhibition on Machinery, Equipment, Supplies, Fertiliser, Chemicals and Agricultural Products (Agri Vietnam 2025) and the...

First ship carrying wind power equipment docks at Ninh Thuận’s international seaport

The Trung Nam Cà Ná International Seaport in Thuận Nam district, the south-central province of Ninh Thuận, on Wednesday welcomed ESHIP 1, a German-flagged vessel...

Central Retail unveils US$1.38b expansion plan for Thailand and Việt Nam

Thailand's largest retailer, Central Retail Corporation (CRC), will invest over 45 billion Thai baht (US$1.38 billion) through 2027 to expand mainstream markets and...

Central Retail targets expansion in Vietnam over next three years

Thai retail giant Central Retail unveiled its three-year plan on June 24, setting aside THB45 billion ($1.38 billion) for stronger synergy and full-speed expansion...

Vietnam Energy Mission visits UK to explore offshore wind industry

A Vietnamese delegation has paid a visit to the United Kingdom from June 16 – 23 to share experience on and exploring partnership opportunities in development and...

Vietnamese products grab spotlight at Algiers int’l fair 2025

Vietnamese goods are gaining international attention at the 56th Algiers International Fair (FIA 2025), held from June 23–28 in Algeria's capital.

Việt Nam’s pharma sector heats up with major M&A deals

The entry of foreign strategic investors with strong financial capacity and technological advantages has helped Vietnamese pharmaceutical companies significantly...

Fresh visions set for private pharma firms

Domestic private pharma companies are expecting robust industry legal changes to facilitate future initiatives.

Digital assets finally go legal for Vietnam

The official legal recognition of cryptoassets presents both an opportunity to accelerate the growth of the digital tech market and a challenge in mitigating...

Portfolio overhauls illustrate Vietnam’s potential

Vietnam’s healthcare and pharmaceutical market has become heated as investors step up the restructuring of their investment portfolios.


MOST READ


Back To Top