Kimberly-Clark announced plans to raise the price of its away-from-home tissue product line by the first of next month. According a reports, the hike will be around 6 percent.
According to Chip Dillon, an analyst with Smith Salomon Barney, the success of the increase would be contingent upon Georgia-Pacific Corp. following with an increase, as well, since the two companies control more than 70% of the U.S. AFH tissue market.
One negative, according to the analyst note, is the possibility of lower pulp prices. According to SSB, if market pulp prices decline by $110 per metric tons during the first half of this year, Procter & Gamble could cut their price since they purchase their pulp on the open market.
K-C, meanwhile, still
purchases a significant portion of its pulp from its own mills.
Explore the January 2001 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- ReElement, Posco partner to develop rare earth, magnet supply chain
- Comau to take part in EU’s Reinforce project
- Sustainable packaging: How do we get there?
- ReMA accepts Lifetime Achievement nominations
- ExxonMobil will add to chemical recycling capacity
- ESAB unveils new cutting torch models
- Celsa UK assets sold to Czech investment fund
- EPA releases ‘National Strategy to Prevent Plastic Pollution’