Unilever Pakistan and Tufail Chemicals have launched Pakistan’s largest production plant for key raw materials used in the production of shampoo.
This plant makes Pakistan self-sufficient for this raw material, reducing the country’s dependency on imports and opens avenues for global exports.
This plant was installed with a total investment of PKR 1 billion by Tufail Chemicals and will produce a key shampoo raw material reducing Unilever Pakistan’s annual import bill by Euro 20 million.
This joint initiatives part of a larger localization agenda started by Unilever Pakistan which aims to procure over 70% of the company’s total raw material from within Pakistan as a means of reducing the country’s imports.
Abdul RazakDawood, Adviser to PM on Commerce and Investment stated, ‘’It is heartening to note that our companies are now coming forward and helping in reducing the reliance on imports.
We need to start local manufacturing to create more job and support the local businesses. Make-in-Pakistan should be our utmost priority, which is Ministry of Commerce’s initiative for import substitution.