14 June 2012 16:19 [Source: ICIS news]
LONDON (ICIS)--Anglo-Dutch consumer goods company Unilever have put 800 jobs in the ?xml:namespace>
Unilever, a major end-user of the chemical industry, has proposed to invest over £40m ($63m, €50m) in Port Sunlight, in the northwest of England, to improve its long-term competitive growth and create around 150 new jobs.
However, the move would result in the closure, by the end of 2013, of manufacturing and distribution sites in
The company said in total, the proposed changes could result in a net reduction of around 500 Unilever roles in the
“Like many companies today, Unilever faces the challenge of creating growth opportunities against a backdrop of very tough economic conditions in Europe,” said Amanda Sourry, chairman of Unilever
“While Unilever is growing well in the
Reviews of the proposals are expected to be concluded in the Autumn of 2012, Unilever said.
In April, Unilever announced that first-quarter sales grew by 12% year on year to €12.1bn ($15.9bn), driven by positive volume growth across all its business units.
($1 = £0.64, €1 = £0.80)
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