Kimberly-Clark warns of price increases

By Jonathan Birchall in New York Kimberly-Clark warned on Tuesday that it would have to make a series of price increases over the coming months before it could offset what it called “unprecedented” increases in its costs of oil, natural gas and wood pulp. Tom Falk, chief executive, told analysts and investors on Tuesday that “the cost environment had changed rapidly and dramatically”, and that the company’s initial estimates of cost inflation for the year had been “way... [read full story]