Article Date 02/04/2021
Source Financial Post
Kimberly-Clark Corp said on Wednesday it would raise prices on many of its products including Scott toilet paper, tissues and diapers in the United States and Canada to offset rising commodity costs.
The company saw its products roll off supermarket shelves as shoppers stockpiled essential staples ahead of curfews and lockdowns to stem the spread of COVID-19.
The company makes several pulp-based products including Cottonelle toilet paper, Kleenex facial tissue and Kotex feminine hygiene products.
Kimberly Clark said the price increases, in the mid-to-high single digits, will start from late June and impact the company's baby and child care, adult care and Scott bathroom tissue businesses.