The company is shedding a unit that makes wood pulp, paper for printing, cigarettes and notebooks in an effort to boost its profit margin by about 2 percentage points, Mr. Lara said. K-C plans to use most of the funds to expand its Huggies diapers and Kleenex tissues divisions. Some of the money may go toward an extraordinary dividend, he said. Kimberly-Clark plans to invest $350 million in its tissue and diaper divisions over the next two years -- an increase from an annual average of about $70 million in the past five years, Mr. Lara said. The unit Kimberly-Clark is selling represents 20 percent of the company's sales and 12 percent of earnings before interest, taxes, amortization, and depreciation.