Unicharm is establishing a Chinese subsidiary in Yangzhou, Jiangsu Province. The company, named Unicharm Consumer Products (Jiangsu) will manufacture and sell disposable diapers, sanitary products and other disposable consumer goods. The Japan-based company will invest $30 million in the new venture.
Unicharm has invested heavily in its global operations recently with the aim of increasing its global overseas sales to comprise 80% of its sales by 2020. Recent efforts have included new sites in Brazil, South Africa and India as well as an acquisition in the Vietnamese hygiene market.
Unicharm establishes Chinese subsidiary
Published July 23, 2012