Unilever Sri Lanka factory gutted; ‘will strive’ keep customers supplied
ECONOMYNEXT – Unilever Sri Lanka said it will "strive to maintain supplies" after a part of its main factory complex in Sri Lanka was gutted by fire on February 04.
"We will strive to maintain supplies of products to our consumers," Unilever said in a statement.
The factory produced popular foods such as Astra margarine and personal care products such as Signal toothpaste and Pears baby products.
Though multi-national firms have production capacity in other countries and have the capacity to import them, industry analysts say there are products that are targeted to specific markets, which may be less easy to supply quickly.
The factory complex in an industrial zone in Horana Sri Lanka was opened in November 2012.
The firm did not disclose the value of the damage.
Unilever has been in Sri Lanka for over 70 years.
The firm’s standard business activities in developing countries in Asia and Africa such as soap marketing is credited with saving millions of lives of poor people.