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KC to establish JV in Israel

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Published in issue 24/1996
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US tissue products group Kimberly-Clark (KC) signed a joint venture agreement with American Israeli Paper Mills (AIPM) to manufacture and market consumer products in Israel. KC said under the terms of the agreement it will invest around $50m to purchase 49.9% of Hogla Ltd, a wholly-owned subsidiary of AIPM. The new ...

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