Yuhan-Kimberly has officially denied rumors regarding the sale of its tissue business.
On August 13, Yuhan-Kimberly released a statement saying, "There have been some mentions of a possible sale of our tissue business, but these rumors are completely unfounded."
The company added, "The tissue business is one of our core operations. Brands such as Kleenex are symbolic of Yuhan-Kimberly and are beloved national brands, so we want to make it clear that they are in no way being considered for sale."
Yuhan-Kimberly emphasized, "We will continue to strengthen Korea's leading products and services through our independent research and development and manufacturing capabilities. We will also continue to pursue initiatives such as FSC-CoC certification and hand towel recycling, thereby taking the lead in sustainable management that harmonizes the economy, society, and the environment."
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