Related News
Cosmetics giant L'Oreal completes 200m yuan Hubei factory expansion
Online Edition
COSMETICS group L'Oreal said it has completed a 200 million yuan (US$32 million) expansion project of its production facility in central China's Hubei Province as it taps growing demand in the domestic personal care market.
The 70,000-square-meter Hubei production plant has become the cosmetics giant's largest manufacturing facility in Asia, the company said in a statement yesterday.
It has an annual capacity of 250 million units of cosmetics products.
China is currently the third biggest market for L'Oreal as the company expands into the world's second-largest economy to boost sales.
The French company has two factories in China with another one in Suzhou in Jiangsu Province.
Earlier this year, the cosmetics company said it has agreed to buy Chinese skincare company Magic Holdings International for US$840 million to strengthen its skin care sector.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
