 |
Angola
Botswana
Malawi
Mozambique
Namibia
South Africa
Zimbabwe
Cote D'Ivoire
Ghana
Nigeria
Kenya
Uganda
Tanzania
Mauritius
Seychelles
Algeria
Egypt
Morocco
Zambia| Press offices |
AfricaInternational
| Manufacturing news L'Oreal opens huge Indonesia plantJABABEKA, INDONESIA: Cosmetics giant L'Oreal has opened its largest factory in the world in a move that hope is aimed at boosting profits from strong demand for its beauty products in Asia. The French group, the world's biggest cosmetics company, said the factory outside Jakarta would churn out 200m products next year, with the potential to raise its output to 500m. Joechen Zaumseil, L'Oreal vice-president for Asia-Pacific, said the €100m plant in the Jababeka industrial zone would be its "production hub for South-east Asia". He said the company planned to double the its customers worldwide from the current level of one billion and hoped that three quarters of those new clients would be in Asia. The factory will employ around 800 people and about 70% of its production will be sold in Indonesia or in other parts of South-east Asia, according to Indonesia's Industry Minister Mohamad S. Hidayat. L'Oreal has seen its Indonesian sales grow 30% a year on average in the past four years. The increasing demand for beauty products is driven by a growth in Indonesia's middle-class, as South-east Asia's biggest economy maintains a strong growth rate above six percent, even as the the global economy stumbles. Source: AFP via I-Net Bridge SOURCE I-Net BridgeFor more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions. We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field. Go to: http://www.inet.co.za
LEGAL DISCLAIMER: This Message Board accepts no liability of legal consequences that arise from the Message Boards (e.g. defamation, slander, or other such crimes). All posted messages are the sole property of their respective authors. The maintainer does retain the right to remove any message posts for whatever reasons. People that post messages to this forum are not to libel/slander nor in any other way depict a company, entity, individual(s), or service in a false light; should they do so, the legal consequences are theirs alone. Bizcommunity.com will disclose authors' IP addresses to authorities if compelled to do so by a court of law. | Subscribe to industry newslettersRelated newsSubmit news LifestyleMore Lifestyle news... Submit newsBizcommunity retains a dedicated editorial pool and a group of around 265 industry contributors, we always welcome additional contributions. |
News
Community
Submit
My account
Advertise
Bizcommunity
ADSL & Web hosting proudly provided by Afrihost. All rights reserved. © 2013. Bizcommunity.com, its sponsors, contributors and advertisers disclaim all liability for any loss, damage, injury or expense that might arise from the use of, or reliance upon, the services contained herein. Privacy policy, Terms of Use, PAIA.