Sabah – British-Dutch company Unilever’s Turkish unit has announced plans to invest EUR 150 million in a consumer products plant in the Central Anatolian province of Konya, where the company opened a EUR 95 million ice-cream factory last August.
Set to manufacture Unilever-branded personal hygiene, cosmetics and cleaning products, the new plant will help the company grab a larger share of a market worth USD 2.5 billion in volume and with a growth rate of about 9 percent per year.
“Turkey’s home and personal care products market holds great potential for Unilever. The new manufacturing investment in Konya will help us better capitalize on this potential”, Unilever Turkey CEO, Mehmet Altinok, said about the investment project.
The new plant in Konya will join the eight other Unilever plants in Turkey. Unilever exports goods produced in Turkey to more than 30 countries while its Istanbul HQ manages the multinational company’s operations in 35 countries in the Middle East, Central Asia, and North Africa.