Each issue of PaperMoney is approximately 500 fact filled pages.
Logout
Click here for Pulp & Paper Radio International
Items just for you
New publication added! Advertising Arguments 2015 book
Free Downloads
Search
My Profile
Login
Management Side
Technical Side
American Israeli Paper Mills Ltd. Annouces Agreement Between KCTR and Unilever
Print
Hadera, Israel, 05 March 2007 -- /PRNewswire/ -- American Israeli Paper Mills Ltd. (AMEX:AIP) announced that following its announcement of 09 November 2006 regarding the approval of a strategic plan by an associated company, Kimberly-Clark Turkey (KCTR), for the expansion of its activities in Turkey for the coming decade, KCTR has reported today that a principles agreement was signed with Unilever. According to the agreement, Unilever shall distribute and sell KCTR's products in Turkey, excluding distribution and sales to the food chains, which will be done directly by KCTR.

Unilever has a broad distribution and sales organization in Turkey and the agreement is intended to enable KCTR to increase its market cover and volume of sales within the framework of implementing the strategic plan.

The company can't estimate at this stage the influence of the agreement on its profitability of KCTR.

Source: American Israeli Paper Mills Ltd.


Powered by Bondware
News Publishing Software

The browser you are using is outdated!

You may not be getting all you can out of your browsing experience
and may be open to security risks!

Consider upgrading to the latest version of your browser or choose on below: