HLL streamline portfolio
Consumer giants Hindustan Lever (HLL) are reported to be considering ending several of their operations, including leather, in an effort to streamline their product portfolio.
'HLL are exploring options like joint ventures or divestments for leather products, mushrooms (both of which are exported), nickel catalysts, adhesives, starches and hybrid seeds', a company spokesperson said.
HLL had acquired the manufacture and sale of shoe uppers and leathergoods following HLL's amalgamation with Pond's India.
The combined turnover of the leather and mushroom units, which employed about 1,000 workers, during 1999-2000 was close to Rs100 crore (US$20.87 million), according to sources.
NB 1 crore = 10 million
Are automotive OEM's destroying leathers natural properties by increasing their own technical and physical specifications?
- Prevent Leather increase tanning capacity
- Leather technician (m/f) for SQA (Supp...
- Judgement favours Argos in DMF case
- Fungicidal treatment for ‘X-White’ tannage
- Satra open laboratory facility in China
- Stahl invest in India
- Students to highlight leather at Silvers...
- Leather waste turns to medical treasure
- Hebei province most productive tanning r...
- Who are the world’s Top 20 Tanners in 2012?
