Tag Archives: Kimberly-Clark

Suzano intends to buy KC’s tissue assets in Brazil

Brazilian pulp maker Suzano SA said it reached a deal to buy Kimberly-Clark’s tissue paper operations in the country. In a securities filing, Suzano said the main asset included in the deal is a tissue production plant located in Sao Paulo state. The unit has an annual production capacity of around 130,000 tonnes. A new […]

Kimberly-Clark Announces Third Quarter 2020 Results

Kimberly-Clark Corporation (NYSE: KMB) today reported third-quarter 2020 results. Chairman and Chief Executive Officer Mike Hsu said, “Kimberly-Clark teams around the world are managing our near-term operating priorities extremely well, with a strong focus on employee health and safety and supply chain excellence during this unprecedented time period. At the same time, we are significantly […]

Kimberly-Clark wants to sell Swiss Niederbipp plant

Kimberly-Clark will part with its Niederbipp tissue mill in Switzerland. The company wants to either sell or close the site. It is currently in talks with a potential buyer. After a strategic review of its production operations in Western Europe, Kimberly-Clark Corporation (KCC) is now in negotiations to sell its tissue mill in Niederbipp, Switzerland. […]

Kimberly-Clark 3Q sales down 2% to $4.6 billion

Kimberly-Clark

Kimberly-Clark Corporation reported 3Q 2018 results. Sales of $4.6 billion in the 3Q 2018 were down 2% compared to the year-ago period. 3Q operating profit was $669 million in 2018, including charges related to the 2018 Global Restructuring Program. 3Q adjusted operating profit was $798 million in 2018 compared to operating profit of $868 million […]

Kimberly-Clark elects Sheri McCoy to its board of directors

Kimberly-Clark

Kimberly-Clark Corporation recently announced that Sherilyn S. “Sheri” McCoy was elected to its board of directors, effective immediately.   “Sheri will be a great addition to our board given her global leadership experience,” said Thomas J. Falk, Chairman and CEO of Kimberly-Clark. “We will greatly benefit from Sheri’s leadership and deep experience in consumer products […]