Henkel expands RP presence
GERMAN producer of home and industrial products Henkel will use
the Philippines as the launching pad for its detergent bar business,
Henkel Philippines Inc. president Norman Goldberg said.
Although it already
has global leading brands in the laundry and home care segment
like Vernel, Persil, Purex, Perwoll and Pril, Henkel will only
start venturing into the detergent bar business in the Philippines.
Goldberg said Henkel,
which is now celebrating its 30th year of operations in the Philippines,
will be developing a “superior but very affordable”
brand for the Filipino masses.
He said although competition
in the detergent bar business in the country is cut-throat, the
market is still relatively big for new players to come in.
As a policy of Henkel,
brands getting a critical market share in a particular market
will be produced in that market. Also, Goldberg said Henkel is
willing to manufacture a particular product in a country when
the clients there demand it.
Henkel has a manufacturing
plant at the Laguna Technopark in Biñan, Laguna.
In the case of the detergent
bar, Henkel will be sourcing it locally although initially, it
might tie up with another firm for its production. Once the critical
mass has been reached, Henkel will start producing it in its Laguna
plant.
Last year, Henkel’s
overall Philippine sales totaled P1.7 billion. It has been growing
by 10 percent to 15 percent annually and Goldberg said they hope
to maintain that this year.
Henkel recently launched
in the market its powdered detergent Sky Clear, sourced from China.
Henkel’s industrial
products include engineering adhesives, sealants and surface treatments,
servicing the electronics, aviation, automotive, metal processing
and packaging industries. Max V. de Leon