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Unilever opens new ice cream factory to drive sustainable growth in Turkey, Middle East and Africa


WEBWIRE

London/ Rotterdam/ Konya - Unilever announced today the opening of a new ice cream factory in Konya, Turkey; following an investment of over €95 million.

The new factory, which aims to be the first Unilever ice-cream factory in the world with LEED Certification, is another example of how sustainability is at the heart of Unilever’s business model. It reuses rain and surface water, recovers heat, and is zero-non-hazardous-waste-to-landfill by design. The Konya factory, which will produce renowned brands such as Cornetto, Max and Twister, is Unilever’s 35th ice cream factory globally, and will be the model for all future Heartbrand factories around the world.

Pier Luigi Sigismondi, Unilever Chief Supply Chain Officer, said: “Turkey is an important growth market for Unilever. We have a long history in the country – having been in business there for almost 100 years and opened our first factory in 1952. Today, Konya has become our eighth manufacturing site in the country, as we continue to invest in growing our Turkish and regional business. This new factory is a testament to our commitment to drive sustainable growth and make more people smile with our ice creams.”

Unilever entered the Turkish ice cream market in 1990 and has grown its business to a marketing-leading position with a current market share of over 70%. The new factory will contribute to the Turkish economy, initially employing around 300 people. Ice cream produced in Konya will be for domestic use, but also to export to the Middle East and North Africa. Current annual production capacity is 80 million litres, with the option to expand to 200 million litres.

Sigismondi also points out that the increasing domestic consumption and the opportunities to grow exports are good indicators of the significant potential for expansion of the factory. He also explained that the reason why Konya was selected for the factory investment as follows: “We decided that Konya was the most suitable place for our investment for a number of reasons, such as access to raw materials, good infrastructure and logistics, the availability of qualified workers and lower earthquake risks, as well as and the good support of Konya’s local administration.”

ENDS

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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 ’will’, ’aim’, ’expects’, ’anticipates’, ’intends’, ’looks’, ’believes’, ’vision’ 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 Unilever group (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. Among other risks and uncertainties, the material or principal factors which could cause actual results to differ materially are: Unilever’s global brands not meeting consumer preferences; increasing competitive pressures; Unilever’s investment choices in its portfolio management; inability to find sustainable solutions to support long-term growth; customer relationships; the recruitment and retention of talented employees; disruptions in our supply chain; the cost of raw materials and commodities; secure and reliable IT infrastructure; successful execution of acquisitions, divestitures and business transformation projects; economic and political risks and natural disasters; the debt crisis in Europe; financial risks; failure to meet high product safety and ethical standards; and managing regulatory, tax and legal matters. Further details of potential risks and uncertainties affecting the Group are described in the Group’s filings with the London Stock Exchange, NYSE Euronext in Amsterdam and the US Securities and Exchange Commission, including the Group’s Annual Report on Form 20-F for the year ended 31 December 2012 and Annual Report and Accounts 2012. These forward-looking statements speak only as of the date of this announcement. 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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