Kimberly-Clark Corp.. prices for products, including layers and bathroom tissue is mounted as it attempts to deal with the increase in costs.Other companies in consumer products such as Colgate-Palmolive Co. and Procter & Gamble Co. recently indicated that they are also likely to raise their prices.
Kimberly-Clark, said Thursday that it will increase prices in North America for her baby, care and consumer tissue businesses child during the second and third quarters. The Dallas company is facing costs of pulp and of oil, major materials for its products.In January, Kimberly-Clark unveiled restructuring plans to the problem of contents cool. The restructuring includes plans to streamline, to sell or close five or six plants. The company expects the restructuring of its pulp companies and fabrics, which will be will be in two years, to 280 million to $ 420 million.
The company expects that allow certain products, unusual elements especially and to transfer some production to low cost plants to increase profitability. Kimberly-Clark is in part dealing with the competition less expensive brands, which increased during the economic recession. Many consumers are still shopping items cheaper as they contend with high unemployment and a dismal market real estate.
Kimberly-Clark, said Thursday that sales prices net for items like diapers, Huggies and baby wipes, pull-ups training pants and trousers of young GoodNites will go up to 3% to 7% on average in the United States and the Canada. Sales prices net for Cottonelle and Scott 1000 of bathroom tissue will likely rise to about 7 per cent in us price changes vary depending on the size of the mark and the pack.Kimberly-Clark, whose other brands include Kotex and Depend, said North American net sales for her baby, fabric care products and child consumption came to more than 4 billion last year.
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