Investments: Unilever launches new cosmetics factory in Algeria

The Unilever group inaugurated this Sunday, December 16 a new production unit of cosmetics and personal hygiene, announced the company in a statement.

This new unit in Oran covers 26,000m² and is expected to generate 800 direct and indirect jobs at an estimated investment cost of 1.35 billion Algerian dinars. According to Unilever, the plant will achieve “a local production target of 80% of its product line, a range so far imported”.

This is the second Unilever factory in Algeria, after the one launched in 2002 for the production of detergent powder products. Unilever is present in 190 countries, and generated a turnover of 53.7 billion euros in 2017.

“Our investment strategy in the region reflects the importance we place on the Algerian market, a market with great potential. Today, we are very proud to expand our “Made in Algeria” product range in production units meeting the highest standards of industrial excellence and sustainability, in perfect alignment with our global environmental program ‘zero waste to landfill’ since 2015,’ said Rana Sengupta, CEO of Unilever Maghreb, quoted by the statement.

[Automated translation]