06.09.24
Here's your weekly recap—the most-viewed news stories on our site for the week ended June 8, 2024.
Multiple media outlets are reporting that Kimberly-Clark plans to close its production facility in Nigeria due to declining production and difficult economic conditions. The maker of Huggies diapers and Kotex feminine care products began production in Nigeria in 2012 but paused after five years in 2019 due to unfavorable conditions. Operations resumed in 2021 when the company opened a $100 million facility in Lagos. Since 2022, the company has downsized shifts and cut down on running days to reduce costs.
Meanwhile, Ahlstrom, in its ongoing dedication to addressing the global need for clean air and water, has successfully completed a €2 million investment for a new laminator at its Louveira plant in Brazil. This investment not only reinforces Ahlstrom's 50-year commitment to the global filtration industry but also marks a significant expansion of its product offerings in the South American market for industrial air, industrial liquid, and fuel filtration, including products currently produced in European and North American markets.
Here are our top 3 most-viewed stories from the past week:
1. Kimberly-Clark to Exit Nigeria
2. Ahlstrom Completes Brazilian Investment
3. Ontex Completes Divestment of Pakistani Business
Multiple media outlets are reporting that Kimberly-Clark plans to close its production facility in Nigeria due to declining production and difficult economic conditions. The maker of Huggies diapers and Kotex feminine care products began production in Nigeria in 2012 but paused after five years in 2019 due to unfavorable conditions. Operations resumed in 2021 when the company opened a $100 million facility in Lagos. Since 2022, the company has downsized shifts and cut down on running days to reduce costs.
Meanwhile, Ahlstrom, in its ongoing dedication to addressing the global need for clean air and water, has successfully completed a €2 million investment for a new laminator at its Louveira plant in Brazil. This investment not only reinforces Ahlstrom's 50-year commitment to the global filtration industry but also marks a significant expansion of its product offerings in the South American market for industrial air, industrial liquid, and fuel filtration, including products currently produced in European and North American markets.
Here are our top 3 most-viewed stories from the past week:
1. Kimberly-Clark to Exit Nigeria
2. Ahlstrom Completes Brazilian Investment
3. Ontex Completes Divestment of Pakistani Business