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Unilever opens new factory in Mexico


WEBWIRE

Mexico becomes manufacturing hub for Axe, Rexona and Dove deodorants in North and Central America.

London / Rotterdam / Jiutepec (Morelos - Mexico): Unilever today announced the opening of a new state of the art deodorant factory in Mexico.

The new factory will accelerate the growth agenda in North and Central America – it will double the national production of deodorants, and will supply markets in Mexico, the United States, Canada, Central America, the Caribbean and Colombia. Equally important, the plant has its own solar energy production, water collection and recycling systems, and will be a model of sustainable practices for future plants built elsewhere.

President Felipe Calderon opened the new facility together with Unilever CEO Paul Polman, who reiterated Unilever’s commitment to the development and economic growth of Mexico. With an initial investment of €100 million over a three year period, the plant has the potential to produce over half a billion units of aerosol-based products per year.

Paul Polman, CEO Unilever, said: “The Americas is a very important region for Unilever, and Mexico is a key part. We have a long history in Mexico and we have a strong commitment to its future, its growth and economic development. This new factory is another example of Unilever’s vision in action - to double the size of our business whilst reducing the environmental impact. Not only will it enable us to grow our presence in the region, but it also highlights our determination to live out our commitment: sustainability has been built into the design and the latest technology has been used to ensure a low energy, environmentally efficient factory.”

At the opening ceremony, Fabio Prado, President of Unilever Mexico, spoke of how Mexican talent participated in the engineering project from the very beginning, starting with the operation design and until the new factory was opened. “This project could not have been possible without the effort of our operative and administrative staff which was highly trained in different countries all over the world. In Unilever we have placed our trust in Mexico, and its economic and social development. Through this new plant Unilever will create 1,700 direct and indirect jobs. With over 40 years of operations in this country, we are very happy to reassure our commitment for long-term investment,” concluded Prado.

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Safe Harbour

This announcement may contain forward-looking statements, including ‘forward-looking statements’ within the meaning of the United States Private Securities Litigation Reform Act of 1995. Words such as ‘expects’, ‘anticipates’, ‘intends’, ‘believes’ or the negative of these terms and other similar expressions of future performance or results, and their negatives, are intended to identify such forward-looking statements. These forward-looking statements are based upon current expectations and assumptions regarding anticipated developments and other factors affecting the Group. They are not historical facts, nor are they guarantees of future performance. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those expressed or implied by these forward-looking statements, including, among others, competitive pricing and activities, economic slowdown, industry consolidation, access to credit markets, recruitment levels, reputational risks, commodity prices, continued availability of raw materials, prioritisation of projects, consumption levels, costs, the ability to maintain and manage key customer relationships and supply chain sources, consumer demands, currency values, interest rates, the ability to integrate acquisitions and complete planned divestitures, the ability to complete planned restructuring activities, physical risks, environmental risks, the ability to manage regulatory, tax and legal matters and resolve pending matters within current estimates, legislative, fiscal and regulatory developments, political, economic and social conditions in the geographic markets where the Group operates and new or changed priorities of the Boards. Further details of potential risks and uncertainties affecting the Group are described in the Group’s filings with the London Stock Exchange, Euronext Amsterdam and the US Securities and Exchange Commission, including the Group’s Annual Report on Form 20-F for the year ended 31 December 2010. These forward-looking statements speak only as of the date of this document. Except as required by any applicable law or regulation, the Group expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Group’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.



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