Kenvue increases investment in China to boost supply chain sustainability

STORY: Kenvue increases investment in China to boost supply chain sustainability SHOOTING TIME: Nov. 15, 2023 DATELINE: Nov. 20, 2023 LENGTH: 00:01:07 LOCATION: SHANGHAI, China CATEGORY: ECONOMY SHOTLIST: 1. various of Kenvue's action to build a sustainable supply chain in China 2. various of Kenvue China's R&D process and products 3. SOUNDBITE (English): THIBAUT MONGON, Kenvue CEO 4. various of Kenvue China's R&D process STORYLINE: Kenvue, a world-leading consumer health company based in the U.S., has launched an action to build a sustainable supply chain in China, aiming to be more environmentally friendly throughout the supply chain. Thibaut Mongon, chief executive officer of Kenvue, said the company will pour more investment into the Chinese market for the action and bring more high-quality products to Chinese consumers. SOUNDBITE (English): THIBAUT MONGON, Kenvue CEO "We will invest 110 million yuan (about 15.2 million USD) to expand our manufacturing capacity and upgrade production facilities to br