Kimberly-Clark Corporation (NYSE: KMB, BMV: Kimber), an American corporation that produces mostly paper-based consumer products, announced its plans to raise prices on a number of goods.
The increase will constitute 6 percent to 8 percent and take effect from July 20 through Aug. 31.
New prices will be applied to Huggies and Kleenex brands, Pull-Ups training pants, Cottonelle and Scott bathroom tissue and Viva towels.
The campaign is aimed at offsetting raw material and energy costs.
"We should use shock therapy to sober up the Americans. In this case, the Americans will speak about the need to resume dialogue. There is no other option"
The United States is concerned about the current crisis in the relations with Russia and suggests returning to reasonable policies to avoid a nuclear war