The British-Dutch multinational corporation, Unilever is grappling to sustain the hike in global commodity prices as the commodity bill of the company has been forecasted to escalate by a staggering 2.4 billion Euros this year.

Unilever is on the spree of pulling out a section of stock of the Skippy Reduced Fat Creamy Peanut Butter Spread and the Skippy Reduced Fat Super Chunk Peanut Butter Spread from the market.

In a press release issued Friday, Unilever United States, Inc. announced the voluntary recall of Skippy reduced-fat peanut butter spreads - Skippy Reduced Fat Creamy Peanut Butter Spread and Skippy Reduced Fat Super Chunk Peanut Butter Spread - due to salmonella risks.

The world’s second largest consumer products manufacturer, Unilever reported its third quarter sales that are below the estimates given by analysts. The company had to face that due to sluggish sales in the up coming markets and the weak spending of consumers in the western European markets.

It has been said by Anglo-Dutch consumer goods giant, Unilever PLC that by paying GBP3.7 billion in cash, it has made a huge purchase of U. S. rival Alberto Culver Co.

Companies like TRESemme, Simple and Alberto VO5 are now part of Unilever's portfolio of personal care brands.

Unilever has recently signed and even launched its first ad campaign on iAd, which is the latest Apple advertising platform which works on products like Apple's iPhone and iPad.

On Thursday, Unilever, which is Europe's largest consumer-goods company posted a 33% rise in first three months revenue, assisted by the opening of key brands in new markets, but warned that the surroundings would get tougher in the latter half of 2010.

One of the world's top ranked makers of household, beauty and wellness products, Unilever PLC., today posted its third quarter report which beat the estimates of analysts all over. For the third quarter, despite posting a drop in sales, reported an overall satisfactory performance. For the second consecutive quarter, the company's volumes grew strongly.

Downers Grove-based Sara Lee Corp. announced on Friday its plans to sell its personal care unit to Unilever for $1.88 billion.

Sara Lee said it planned to sell its personal care unit so that it could concentrate on its main businesses food and beverages.

Brenda Barnes, chief executive of Sara Lee, said, "We are very excited about this deal."

Unilever, world's third largest consumer products company, announced Friday its plans to acquire Sara Lee Corp.'s personal care unit in an all cash deal worth 1.28 billion euros.

Dove soap, Vaseline, Axe and Comfort and food products are among the brands being produced by Unilever.