Kimberly-Clark

Last updated
Kimberly-Clark Corporation
Public
Traded as NYSE:  KMB
S&P 500 Component
Industry Personal care
Founded1872;147 years ago (1872)
Neenah, Wisconsin, U.S.
Founders
Headquarters Irving, Texas, U.S. (since 1985)
Area served
Worldwide
Key people
Products
RevenueIncrease2.svg US$18.259 billion(2017) [1]
Decrease2.svgUS$3.299 billion(2017) [1]
Increase2.svgUS$2.278 billion(2017) [1]
Total assets Increase2.svgUS$15.151 billion(2017) [1]
Total equity Increase2.svgUS$629 million(2017) [1]
Number of employees
~42,000 (December 2017) [1]
Website www.kimberly-clark.com

Kimberly-Clark Corporation is an American multinational personal care corporation that produces mostly paper-based consumer products. Kimberly-Clark brand name products include Kleenex facial tissue, Kotex feminine hygiene products, Cottonelle, Scott and Andrex toilet paper, Wypall utility wipes, KimWipes scientific cleaning wipes, and Huggies disposable diapers and baby wipes.

Americans citizens, or natives, of the United States of America

Americans are nationals and citizens of the United States of America. Although nationals and citizens make up the majority of Americans, some dual citizens, expatriates, and permanent residents may also claim American nationality. The United States is home to people of many different ethnic origins. As a result, American culture and law does not equate nationality with race or ethnicity, but with citizenship and permanent allegiance.

Multinational corporation large corporation doing business in many countries

A multinational corporation (MNC) or worldwide enterprise is a corporate organization which owns or controls production of goods or services in at least one country other than its home country. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of its revenue from out-of-home-country operations. A multinational corporation can also be referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation, or a stateless corporation. There are subtle but real differences between these three labels, as well as multinational corporation and worldwide enterprise.

Personal care or toiletries are consumer products used in personal hygiene and for beautification.

Contents

Founded in Neenah, Wisconsin, in 1872 and based in Irving, Texas, since 1985, [2] it has approximately 42,000 employees. [3] The British subsidiary holds Royal Warrants from both Queen Elizabeth II and Charles, Prince of Wales. Kimberly-Clark is also listed among the Fortune 500. Subsidiaries under Kimberly-Clark include Kimberly-Clark Professional. [4]

Neenah, Wisconsin City in Wisconsin, United States

Neenah is a city in Winnebago County, Wisconsin, in the north central United States. It is situated on the banks of Lake Winnebago, Little Lake Butte des Morts, and the Fox River, approximately forty miles (60 km) southwest of Green Bay.

Irving, Texas City in Texas, United States

Irving is a principal city in Dallas County in the U.S. state of Texas and it is also an inner ring suburb of the city of Dallas. According to a 2017 estimate from the United States Census Bureau, the city population was 240,373 making it the thirteenth-most populous city in Texas and 93rd most populous city in the U.S. The city of Irving is part of the Dallas–Fort Worth metroplex.

United Kingdom Country in Europe

The United Kingdom (UK), officially the United Kingdom of Great Britain and Northern Ireland, and sometimes referred to as Britain, is a sovereign country located off the north-western coast of the European mainland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands. Northern Ireland is the only part of the United Kingdom that shares a land border with another sovereign state, the Republic of Ireland. Apart from this land border, the United Kingdom is surrounded by the Atlantic Ocean, with the North Sea to the east, the English Channel to the south and the Celtic Sea to the south-west, giving it the 12th-longest coastline in the world. The Irish Sea lies between Great Britain and Ireland. With an area of 242,500 square kilometres (93,600 sq mi), the United Kingdom is the 78th-largest sovereign state in the world. It is also the 22nd-most populous country, with an estimated 66.0 million inhabitants in 2017.

History

Kimberly-Clark paper mill in Niagara, Wisconsin, 1942 Photograph of Paper Mill of the Kimberly-Clark Corporation - NARA - 2129448.tif
Kimberly-Clark paper mill in Niagara, Wisconsin, 1942

Kimberly, Clark and Co. was founded in 1872 by John A. Kimberly, Havilah Babcock, Charles B. Clark, and Franklyn C. Shattuck in Neenah, Wisconsin, with $42,000 (equivalent to US$ 878,383in 2018) of capital. [5] The group's first business was operating paper mills, which the collective expanded throughout the following decades. In 1888, the fledgling company faced a significant setback when its groundwood "Atlas" paper mill burned in 1888, however through an extensive effort by labor and management, within five months the mill was rebuilt and in production at a greater capacity. In that same year the company began rapid expansion, purchasing land in Kimberly for a new groundwood pulp plant designed by prominent paper mill architects D. H. & A. B. Tower. [6] The company would also contract the firm to expand its vast sulphite pulp complex in Appleton, Wisconsin, which allowed them to become the first firm west of Pennsylvania to adopt this improved manufacturing process. [7] [8] The company developed cellu-cotton in 1914, a cotton substitute used by the U.S. Army as surgical cotton during World War I. Army nurses used cellu-cotton pads as disposable sanitary napkins, [9] and six years later the company introduced Kotex, the first disposable feminine hygiene product. [10] Kleenex, a disposable handkerchief, followed in 1924. Kimberly & Clark joined with The New York Times Company in 1926 to build a newsprint mill in Kapuskasing, Ontario, Canada. Two years later, the company went public as Kimberly-Clark. [11]

John A. Kimberly

John Alfred Kimberly was an American manufacturing executive, a founder of Kimberly-Clark Corporation of Neenah, Wisconsin.

Havilah Babcock

Havilah Babcock was an American manufacturing executive and a joint founder of the Kimberly-Clark Corporation.

Charles B. Clark American politician

Charles Benjamin Clark was a U.S. Representative from Wisconsin and one of the founders of the Kimberly-Clark Corporation in Neenah with John A. Kimberly, Franklyn C. Shattuck, and Havilah Babcock.

The firm expanded internationally during the 1950s, opening plants in Mexico, West Germany, and the United Kingdom. It began operations in 17 more foreign locations in the 1960s.[ citation needed ] The company formed Midwest Express Airlines from its corporate flight department in 1984. Kimberly-Clark's headquarters moved from Neenah, Wisconsin to Irving, Texas the following year, [12] although its products are still produced in Neenah. Under the leadership of Darwin Smith as CEO from 1971 to 1991, the company went from being a business paper company to a consumer paper products company.

Mexico Country in the southern portion of North America

Mexico, officially the United Mexican States, is a country in the southern portion of North America. It is bordered to the north by the United States; to the south and west by the Pacific Ocean; to the southeast by Guatemala, Belize, and the Caribbean Sea; and to the east by the Gulf of Mexico. Covering almost 2,000,000 square kilometres (770,000 sq mi), the nation is the fifth largest country in the Americas by total area and the 13th largest independent state in the world. With an estimated population of over 120 million people, the country is the eleventh most populous state and the most populous Spanish-speaking state in the world, while being the second most populous nation in Latin America after Brazil. Mexico is a federation comprising 31 states and Mexico City, a special federal entity that is also the capital city and its most populous city. Other metropolises in the state include Guadalajara, Monterrey, Puebla, Toluca, Tijuana and León.

West Germany Federal Republic of Germany in the years 1949–1990

West Germany, officially the Federal Republic of Germany, and referred to by historians as the Bonn Republic, was a country in Central Europe that existed from 1949 to 1990, when the western portion of Germany was part of the Western bloc during the Cold War. It was created during the Allied occupation of Germany in 1949 after World War II, established from eleven states formed in the three Allied zones of occupation held by the United States, the United Kingdom and France. Its capital was the city of Bonn.

In 1991, Kimberly-Clark and The New York Times Company sold their jointly owned paper mill in Kapuskasing, Ontario. Kimberly-Clark entered a joint venture with Buenos Aires-based Descartables Argentinos S.A. to produce personal care products in Argentina in 1994 [13] and also bought the feminine hygiene unit of VP-Schickedanz (Germany) for $123 million [14] and a 90% stake in Handan Comfort and Beauty Group (China). [15]

The New York Times Company American media company, publisher of The New York Times

The New York Times Company is an American mass media company which publishes its namesake newspaper, The New York Times. Arthur Ochs Sulzberger Jr. has served as chairman since 1997. It is headquartered in Manhattan, New York.

Kapuskasing Town in Ontario, Canada

Kapuskasing is a town on the Kapuskasing River in the Cochrane District of Northern Ontario, Canada, approximately 92 kilometres (57 mi) east of Hearst. The town was known as MacPherson until 1917, when the name was changed so as not to conflict with another railway stop in Manitoba.

Ontario Province of Canada

Ontario is one of the 13 provinces and territories of Canada and is located in east-central Canada. It is Canada's most populous province accounting for 38.3 percent of the country's population, and is the second-largest province in total area. Ontario is fourth-largest jurisdiction in total area when the territories of the Northwest Territories and Nunavut are included. It is home to the nation's capital city, Ottawa, and the nation's most populous city, Toronto, which is also Ontario's provincial capital.

Kimberly-Clark bought Scott Paper in 1995 for $9.4 billion. [16] In 1997, Kimberly-Clark sold its 50% stake in Canada's Scott Paper to forest products company Kruger Inc. [17] and bought diaper operations in Spain and Portugal [18] and disposable surgical masks maker Tecnol Medical Products. [19] Augmenting its presence in Germany, Switzerland, and Austria, in 1999 the company paid $365 million for the tissue business of Swiss-based Attisholz Holding. [20] Adding to its offerings of medical products, the company bought Ballard Medical Products in 1999 for $774 million [21] and examination glove maker Safeskin in 2000 for about $800 million. [22]

Canada Country in North America

Canada is a country in the northern part of North America. Its ten provinces and three territories extend from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres, making it the world's second-largest country by total area. Canada's southern border with the United States is the world's longest bi-national land border. Its capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver. As a whole, Canada is sparsely populated, the majority of its land area being dominated by forest and tundra. Consequently, its population is highly urbanized, with over 80 percent of its inhabitants concentrated in large and medium-sized cities, many near the southern border. Canada's climate varies widely across its vast area, ranging from arctic weather in the north, to hot summers in the southern regions, with four distinct seasons.

Kruger Inc. is a Canadian corporation which manufactures publication papers, tissue, lumber and other wood products, corrugated cartons from recycled fibres, green and renewable energy, and wines and spirits. The company is a leader in paper and paperboard recycling in North America. Kruger Inc. operates facilities in Québec, Ontario, British Columbia, Newfoundland and Labrador, and the United States.

Surgical mask Oro-nasal cover worn by health professionals to reduce spread of airborne pathogens

A surgical mask, also known as a procedure mask, is intended to be worn by health professionals during surgery and during nursing to catch the bacteria shed in liquid droplets and aerosols from the wearer's mouth and nose. They are not designed to protect the wearer from inhaling airborne bacteria or virus particles and are less effective than respirators, such as N95 or NIOSH masks, which provide better protection due to their material, shape and tight seal. Surgical masks are popularly worn by the general public in East Asian countries to reduce the chance of spreading airborne diseases.

Also in 2000, the company bought virtually all of Taiwan's S-K Corporation; the move made Kimberly-Clark one of the largest manufacturers of packaged goods in Taiwan. [23] The company later purchased Taiwan Scott Paper Corporation for about $40 million and merged the two companies, forming Kimberly-Clark Taiwan. [24] In 2001, Kimberly-Clark bought Italian diaper maker, Linostar, and announced it was closing four Latin American manufacturing plants. [25]

In 2002, Kimberly-Clark purchased paper-packaging rival Amcor's stake in an Australian joint venture. [26] Adding to its global consumer tissue business, in 2003, Kimberly-Clark acquired the Polish tissue-maker Klucze. [27]

In early 2004, chairman and chief executive officer Thomas Falk began implementation of the global business plan the company detailed in July 2003. The firm combined its North American and European groups for personal care and consumer tissue under North Atlantic groups. Effective January 1, 2019, Thomas Falk will resign as Chief Executive Officer of the company and will continue as Executive Chairman of the Board.

Ownership

As of 2017, Kimberly-Clark shares are mainly held by institutional investors (Vanguard group, BlackRock, State Street Corporation and others [28] )

Relationship with Midwest Airlines

The origin of Midwest Airlines can be traced back to 1948, when the Kimberly-Clark Corporation opened its corporate flight department and began providing air transportation for company executives and engineers between the company's headquarters in Neenah, Wisconsin, and its paper mills.

In 1969, K-C Aviation was born from the company's air operations, and was dedicated to the maintenance of corporate aircraft. In 1982, K-C Aviation initiated shuttle flights for Kimberly-Clark employees between Appleton, Memphis, and Atlanta. From these experiences and considering the Airline Deregulation Act of 1978, Kimberly-Clark and K-C Aviation decided to form a regularly scheduled passenger airline, and out of the initiative, Midwest Express Airlines was started on June 11, 1984. [29] The name of the airline was shortened to Midwest Airlines in 2003.

K-C Aviation divested itself from the airline in 1996. Two years later, Gulfstream Aerospace purchased K-C Aviation from Kimberly-Clark for $250 million, which included its operations at airports in Dallas, Appleton, and Westfield, Massachusetts. [30]

Environmental record

The Kimberly-Clark paper plant on the Everett, Washington, waterfront. Everett - Kimberly Clark.jpg
The Kimberly-Clark paper plant on the Everett, Washington, waterfront.

In 2005, Greenpeace launched the Kleercut campaign against Kimberly-Clark because the company had been linked to the logging of ancient boreal forests. The environmental organization charged that Kimberly-Clark was using more than 3 million tons of pulp a year from forests to produce tissue paper products, such as the Kleenex brand. Greenpeace led a large grassroots student activist campaign targeting Kimberly-Clark for sourcing 22% of its paper pulp from Canadian boreal forests containing 200-year-old trees. [31] [32]

Greenpeace ended its campaign in August 2009, following the release of a new environmental policy by Kimberly-Clark. The two organizations announced that they were moving "away from conflict to a new collaborative relationship to further promote forest conservation, responsible forest management, and the use of recycled fiber for the manufacture of tissue products." [33]

Kimberly-Clark has a target to purchase 100% of wood fiber from suppliers that gain independent sustainability certification, with a preference for Forest Stewardship Council-certified fiber. Kimberly-Clark stated that by the end of 2010, it had achieved 98% of this target. [34]

Major U.S. consumer product lines

Cottonelle

Cottonelle is a brand name for bath products. Product forms include premium bath tissue and flushable moist wipe products.

Depend

Depend is a brand name for incontinence products worn by adults.

GoodNites

GoodNites are absorbent disposable underwear marketed primarily for children and teens who experience bedwetting.

Huggies

Huggies are disposable diapers for infants and toddlers. Additional Huggies brand products include "Huggies Clean Team" products for toddlers such as shampoo, hand soap, wash mitten, etc.

Little Swimmers

Little Swimmers is a brand of disposable swim diaper.

Kleenex

Kleenex is the brand name of facial tissue paper. Many versions have been made, including with lotion, our softest ever!, and regular. In the '70s, Dr. Cody Sweet (color psychologist) was hired through Dan Edelman Public Relations to represent the newly styled and colored quadrant designed boxes of the product as national media spokesperson.

Kotex

Kotex is a feminine hygiene product line that includes pantyliners, sanitary napkins, and tampons.

Poise

Poise is a brand of pads and liners for adult incontinence.

Pull-Ups

Pull-Ups is a brand name of training pants for toddlers, marketed together with the Huggies brand of baby products.

Scott

Scott is a brand name of paper napkins, paper towels, and bath tissue/wipes.

VIVA

VIVA is a brand name of heavy-duty paper towels.

Mexican consumer product lines

Includes most of the American products and these products:

Napkin Brands

Kimberly-Clark distributes a variety of napkin brands (Kleenex, Petalo, Suavel, Delsey, Lys).

Toilet paper brands
Suavel toilet paper pack Suavel.jpg
Suavel toilet paper pack

Kimberly-Clark distributes a variety of toilet paper brands (Kleenex, Petalo, Suavel, Delsey, Vogue, Lys).

KleenBebe

A baby diaper brand name similar to Huggies. The brand is a combination of "kleen" (Kleenex) and "bebe" (Spanish for "baby").

Kimberly-Clark also has a variety of brands designed for professional markets and medical markets.

Major professional and global products

KimWipes

KimWipes are a type of cleaning tissue commonly used in laboratories. They are intended for applications where leaving lint or fibers on a surface would be undesirable, such as slides and pipettes. They are sometimes used to clean lenses as well, but use on optical lenses with special water- and solvent-based coatings may cause light blemishes, and the manufacturer recommends using a wipe specifically designed for use with coated lenses. KimWipes are composed of virgin wood pulp from certified forests, with little chemical additives.

DryNites

DryNites are a version of GoodNites sold in Europe and Australasia.

See also

Related Research Articles

Diaper type of underwear that allows one to defecate or urinate, without the use of a toilet

A diaper or a nappy is a type of underwear that allows the wearer to defecate or urinate without the use of a toilet, by absorbing or containing waste products to prevent soiling of outer clothing or the external environment. When diapers become soiled, they require changing, generally by a second person such as a parent or caregiver. Failure to change a diaper on a sufficiently regular basis can result in skin problems around the area covered by the diaper.

Kleenex brand name for a variety of paper-based products

Kleenex is a brand name for a variety of paper-based products such as facial tissue, bathroom tissue, paper towels, tampons, and diapers. Often used informally as a genericized trademark for facial tissue in the United States, the name Kleenex is a registered trademark of Kimberly-Clark Worldwide, Inc. Kleenex products are manufactured in 30 countries and sold in more than 170 countries. Kleenex brands include Cottonelle, Huggies, and VIVA.

Scott Paper Company company

The Scott Paper Company was the world's largest manufacturer and marketer of sanitary tissue products with operations in 22 countries. Its products were sold under a variety of well-known brand names, including Scott Tissue, Cottonelle, Baby Fresh, Scottex and Viva. Consolidated sales of its consumer and commercial products totalled approximately $3.6 billion in 1994.

Kotex

Kotex is a brand of feminine hygiene products, which includes the Kotex maxi, thin and ultra thin pads, the Security tampons, and the Lightdays pantiliners. Most recently, the company has added U by Kotex to its line of feminine hygiene products. Kotex is owned and managed by Kimberly-Clark, a consumer products corporation active in more than 80 countries.

Pampers brand of baby products

Pampers is an American name brand of baby and toddler products marketed by Procter & Gamble.

Huggies disposable diaper marketed by Kimberly-Clark

Huggies is the brand name of a disposable diaper marketed by Kimberly-Clark. Huggies were first test marketed in 1968, then introduced to the public in 1978 to replace the Kimbies brand.

Wet wipe A small moistened piece of paper or cloth

A wet wipe, also known as a wet towel or a moist towelette, or a baby wipe in specific circumstances, is a small moistened piece of paper or plastic cloth that often comes folded and individually wrapped for convenience. Wet wipes are used for cleaning purposes like personal hygiene and household cleaning.

Kleercut is the name of a former campaign conducted by Greenpeace, the Natural Resources Defense Council, and others towards Kimberly-Clark. It lasted from 2004 to 2009. Kimberly-Clark is the world’s largest manufacturer of tissue products, most notably the Kleenex brand. According to its annual environmental report, the company purchases over 3.1 million metric tonnes of virgin fiber from logging companies annually. The Kleercut campaign claims that this fiber is derived from wood pulp from old growth forests. Kimberly-Clark claims that the forests in question are largely cut for timber. The Kleercut campaign claims that Kimberly-Clark support the clearcutting of such forests in Canada and the United States, including forests habitat for wolverine and threatened wildlife the woodland caribou. Kimberly-Clark has responded that many of its supplies are certified by the Sustainable Forestry Initiative or the Canadian Standards Association.

Facial tissue

Facial tissue, paper handkerchief, and Kleenex refers to a class of soft, absorbent, disposable papers that are suitable for use on the face. They are disposable alternatives for cloth handkerchiefs. The terms are commonly used to refer to the type of paper tissue, usually sold in boxes, that is designed to facilitate the expulsion of nasal mucus from the nose (nose-blowing) although it may refer to other types of facial tissues including napkins and wipes.

Andrex toilet roll brand

Andrex is a British brand of toilet roll. It is owned by the American company Kimberly-Clark. The "Andrex Puppy", a Labrador Retriever puppy that appears on the company's television adverts, is synonymous with the brand.

Swim diaper

A swim diaper or swim nappy is a diaper that is made for those who are incontinent, usually babies or toddlers, which is worn underneath a bathing suit, or as a bathing suit. Swim diapers can be reusable and disposable. They are not intended to be absorbent. Typically, it is assumed that a swim diaper should be absorbent, or contain urine, like a regular diaper. However, the purpose of a swim diaper is only to contain solid waste; the lack of absorbency prevents the swim diaper from swelling with water.if a normal diaper gets wet in the pool it will swell up the diaper will continue to inflate with water till it could burst

Cottonelle brand of toilet paper

Cottonelle is a brand of toilet paper produced by Kimberly-Clark. The company has made several different toilet paper types such as regular, Cottonelle Double, (Two-ply) Cottonelle Ultra, Cottonelle Aloe & E, Cottonelle Kids, and Cottonelle Extra Strength, and are currently sold in the United States and Australia under the Kleenex brand.

Clearwater Paper Corporation is a pulp and paper product manufacturer that was created on December 9, 2008, via a spin-off from the real estate investment trust (REIT) company Potlatch Corporation. With its headquarters in Spokane, Washington, the new company started with four locations for the manufacture of bleached paperboard, consumer tissue, and wood products.

24 April 2011

A wetness indicator is a common feature in many disposable diapers and toilet training pants. It is a feature that reacts to exposure of liquid as a way to discourage the wearer to urinate in the training pants, or as an indicator for parents that a diaper needs changing.

Ernst Mahler Austrian chemist

Ernst Mahler was an Austrian chemist and leader of the Kimberly-Clark Corporation in Wisconsin. Mahler developed, refined, and commercialized various popular products and processes of papermaking. He was also instrumental in the foundation of the Institute of Paper Science and Technology (IPST) as well as the Technical Association of the Pulp and Paper Industry (TAPPI).

Halyard Health

Halyard, formerly Kimberly-Clark Health Care, now part of Owens & Minor, is focused on advancing health and healthcare by delivering clinically-superior infection prevention and surgical solutions. Halyard sells sterilization wrap, facial protection, gloves, protective apparel, surgical drapes and gowns in more than 100 countries.

Depend is a brand of absorbent, disposable underwear and undergarments for people with urinary or fecal incontinence. The product line was first introduced in 1984. It is a Kimberly-Clark brand, and positions its products as an alternative to typical adult diapers. Depend is the dominant brand of disposable incontinence garments in the United States with a 49.4 share of the market.

Nibong Tebal Paper Mill Malaysian multinational pulp and paper company

Nibong Tebal Paper Mill Holdings Bhd. is a Malaysian multinational pulp and paper and consumer goods company and is the world's largest paper manufacturer. Headquartered in Nibong Tebal, Penang, the company produces more than 100 types of tissue papers and has a capacity to produce 250 tons of tissue paper per day. Nibong Tebal Paper Mill has a strong presence not only in Malaysia, but also in Singapore, Indonesia, Thailand, and Vietnam.

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