P&G invests in China's logistics and R&D

Published: 16-Sep-2010
Research & Development Finance Logistics

Multinational underlines commitment to China


Procter & Gamble has begun construction of a new distribution centre in Guangzhou which will be its largest in Asia and its second largest in the world. Costing over US$100m, its construction has been jointly funded by P&G and local government, with the former taking care of the logistics equipment and the latter contributing the land and looking after warehouse construction.

Last month the company also opened a new R&D innovation centre, P&G Technologies (Beijing) Ltd with an investment of US$70m, which will support both its China and global businesses. Over 500 employees from 16 countries will focus on innovation in product areas including personal care, oral care and fabric care as well as infant care and snacks.
  • Companies:
  • Procter and Gamble
See more

You may also like

Finance

Low beauty demand hits P&G sales

Read more
A slump in skin care sales saw overall net sales for the FMCG giant’s Q1 2025 dip 1%

Trending Articles

  1. Helen of Troy buys nail brand Olive & June for $225 million The brand owner will build on Olive & June’s consumer perception strength and help expand its availability
  2. The Ordinary co-founder Nicola Kilner to cede Deciem CEO role Kilner will step down as CEO at the end of the year, but will remain as co-founder and continue to be involved
  3. e.l.f. Beauty hits back at ‘unsubstantiated’ short seller report A 48-page report issued by Muddy Waters has alleged that the US beauty giant had “inflated” its revenue and profits
  4. Former K18 and Olaplex execs acquire Matter of Fact skin care Edward Connaghan and Denise Russell, founders of incubator Next8 Investments, said the premium beauty line is ‘tipped to be a skin care unicorn’
  5. Space NK full-year sales jump as Gen Z shoppers drive sales The UK retailer is also expanding its portfolio with ten additional stores, which has already seen a store open in Sheffield

Upcoming event

Cosmoprof India 2024

5-7 December 2024 | Mumbai, India See all

You may also like

Finance

Low beauty demand hits P&G sales

A slump in skin care sales saw overall net sales for the FMCG giant’s Q1 2025 dip 1%
You need to be a subscriber to read this article.
Click here to find out more.
Finance

Exclusive: The biggest beauty brands of 2024 revealed

Which cosmetics brand is this year’s most valuable? And why has the overall value of the top 50 players in beauty declined?
Hair Care

Henkel acquires Vidal Sassoon's Chinese business from P&G

The consumer goods company is purchasing Vidal Sassoon to cover a ‘white spot’ in its premium hair care offering in China
Finance

P&G appoints Johnson & Johnson veteran Ashley McEvoy to board

McEvoy stepped down as the lead of J&J’s medical devices business in October
You need to be a subscriber to read this article.
Click here to find out more.
Sustainability

Top 50 beauty brands 2023: Which is the world’s biggest brand?

L’Oréal has retained its status as the world’s most valuable beauty brand on Brand Finance’s league table, but did its value rise or dive in 2023?
You need to be a subscriber to read this article.
Click here to find out more.
Sustainability

Top 50 beauty brands 2023: Which brands are the best loved?

Why are the most valuable brands not necessarily the strongest? And, with that in mind, which beauty player reigns supreme in strength? Brand Finance explains
You need to be a subscriber to read this article.
Click here to find out more.
Sustainability

Top 50 beauty brands 2023: How important is sustainability for consumers’ perception of brands?

Which brands are ranking highly in Brand Finance’s table thanks to their sustainability and CSR drives, combined with positive customer perception?
Subscribe now