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Consumer tissue group Essity hit by rising pulp, energy costs
Published Mon, Oct 29, 2018 · 09:50 PM
Stockholm
SWEDISH hygiene products group Essity reported on Monday a bigger fall than expected in core profit, saying rising pulp and energy costs had outweighed higher selling prices and cost savings.
Other major consumer product companies such as Procter & Gamble and Kimberly-Clark have also reported soaring costs of pulp, a major ingredient for tissues, diapers and sanitary towels.
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