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Business

P&G to invest additional P500 million

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Manila, Philippines -  Procter and Gamble Philippines has increased its budget to P3 billion to triple its diaper production in its Cabuyao, Laguna plant.

In a statement, P&G Philippines said it has added P500 million to what was earlier announced as a P2.5 billion investment for the expansion of its Cabuyao manufacturing facility to optimize its supply chain. The infusion would be make over a period of three years.

Last year, P&G Philippines announced the expansion of their Laguna plant would enable the Philippines to export 40 percent of their 20 million pads annual production in two years’ time. Its long term plan is to triple its existing capacity to 10 million pads per year.

With the additional P500 million infusion, the Pampers production line will be given priority.

“The Philippines remains a key market for P&G globally. Throughout the company’s 75-year history in the country, P&G has continually invested in innovations to improve and upgrade its plant technology and facilities and provide Filipinos products with superior quality and value,” said P&G’s global group president for baby care Martin Riant in the statement.

The Cabuyao plant was originally scheduled to begin operations in June but was finished ahead of schedule.

The Cabuyao, plant produces the detergent brands Tide, Mr. Clean, Ariel, and Bonux, fabric conditioner Downey, dishwashing soap Joy, disposable feminine pads Whisper, and disposable baby diaper Pampers for local consumption and for export.

The local presence of the US-based manufacturer of consumer goods is composed of P&G Philippines, Inc., which manufactures P&G products for the Philippines and several markets in the ASEAN region, P&GIOSA-ROHQ Manila Service Center, a shared service center that provides high-end accounting, financial and related services to P&G operations in markets all over the world, and P&G Distributing (Philippines), Inc., which handles the local distribution of its brands.

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AMP

BONUX

CABUYAO

DOWNEY

G DISTRIBUTING

G PHILIPPINES

MANILA SERVICE CENTER

MARTIN RIANT

MR. CLEAN

PHILIPPINES

PROCTER AND GAMBLE PHILIPPINES

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