Home / Business / Healthcare & Pharmaceutical Tools: Save | Print | E-mail | Most Read | Comment
SSL to open condom factory in Qingdao
Adjust font size:

British healthcare products maker SSL International Plc will open a factory in Qingdao, Shandong Province, today to serve its growing business in China and the world.

SSL, which makes Durex condoms, also plans to expand its foot-care and footwear brand Scholl in China after achieving satisfactory sales in Shanghai.

SSL has invested 20 million pounds (US$32 million) in the two-story plant that covers 40,000 square meters.

It will be its largest condom manufacturing base in the world, with annual production of 864 million units and 620 tons of lubricant.

The company said the factory will account for 40 percent of its global output.

"Sustainable business growth in China ensures us of its incredible potential. We have led the market, taking over 10 percent of the market share. But we target a market share of nearly 50 percent. The new factory promises more future development," said Garry Watts, chief executive of SSL.

The Scholl brand contributed 40 percent to its business globally but the foot-care business in China is still fledging. Watts said the company will beef up efforts to develop the foot-care market in China and establish the Scholl brand.

SSL International chalked up sales of 240 million yuan last year, up 30 percent from a year earlier.

(Shanghai Daily July 8, 2009)

Tools: Save | Print | E-mail | Most Read Bookmark and Share
Comment
Pet Name
Anonymous
China Archives
Related >>
- Campus condom plan: safe sex or more sex?
- Dalian Rolls out Condom Campaign
- Xinjiang Promotes Condom Use at All Entertainment Venues
June 7 Tokyo 2nd China-Japan High-Level Economic Dialogu

June 30 Shanghai 2009 Automotive Engine Technology Seminar

July 3-4 Beijing Global Think Tank Summit
- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?