U.S. multinational consumer goods giant Procter & Gamble (P&G) is set to increase its annual output of chemical consumer goods from its factory in the southern province of Binh Duong by 48.7% to 487,431 tons.
The firm is requesting the Ministry of Natural Resources and Environment to provide it with a revised environmental license for the expansion, as the ministry is collecting feedback from the firm’s draft report on environmental impact. The move is a key task in ensuring minimal environmental impact of business operation.
The firm received its first investment certificate in January 1997 and its latest (22nd, renewed) investment certificate in March 2023.
The firm plans to complete the installation of machines per the new environmental certificate in mid-2025.
Under the latest move, the firm’s 47.28-hectare factory in Binh Duong province will hike its annual output to 290,667 tons of fabric softener, 18,400 tons of fabric freshener 14,400 tons of dish washing liquid, 159,464 tons of clothes washing liquid, and 4,500 tons of semi-finished clothes washing liquid.
After nearly 30 years in Vietnam, P&G has invested about $300 million in Binh Duong and currently employs 800 people, according to P&G Vietnam country manager Priyamvada Srivastava.
In April 2023, P&G hinted plans to invest a further $100 million in Binh Duong to expand production. The expansion will reaffirm Binh Duong as a key location for P&G’s global supply chain, said Priyamvada Srivastava.