{"id":471194,"date":"2021-04-05T18:11:05","date_gmt":"2021-04-05T22:11:05","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=471194"},"modified":"2021-04-05T18:11:05","modified_gmt":"2021-04-05T22:11:05","slug":"kruger-products-announces-price-increase-in-canada","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/kruger-products-announces-price-increase-in-canada\/","title":{"rendered":"Kruger Products Announces Price Increase in Canada"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES<\/p>\n<p align=\"justify\">MISSISSAUGA, Ontario, April  05, 2021  (GLOBE NEWSWIRE) &#8212; Kruger Products L.P. (\u201cKPLP\u201d), a company in which KP Tissue Inc. (TSX: KPT) holds a limited partnership interest, announced today that it will be increasing the price of its consumer branded and private label tissue products sold in Canada effective, July 5, 2021. The increase will be in the high single digits and is required to offset rapid and sustained cost increases of pulp and other commodities.<\/p>\n<p align=\"justify\">\n        <strong>About KP Tissue Inc.<\/strong><br \/>\n        <br \/>KPT was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP. For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ULjAxUW0KlLxgncr-FxlMgyCEPDIDNJZUAH70JXy7BswvMhTcdVwyi5ROapHtNWVTqeaFRFpPL0Hf46GHzpYdPRC-JKz42JGSds-fzYjcfE=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.kptissueinc.com<\/a>. KPT currently holds a 14.7% interest in KPLP. For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ULjAxUW0KlLxgncr-FxlMhfLTOGSSC5Hc2zZQO-ZKFt7CZadbA-2v8XHuVEC6iT5VkVcHPME5_1EbU5a4IbAL2mWcqwz0XX0uRlIlOCMUmg=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.kptissueinc.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About Kruger Products L.P.<\/strong><br \/>\n        <br \/>KPLP is Canada&#8217;s leading manufacturer of quality tissue products for household, industrial and commercial use. KPLP serves the Canadian consumer market with such well-known brands as Cashmere\u00ae, Purex\u00ae, SpongeTowels\u00ae, Scotties\u00ae and White Swan\u00ae. KPLP has approximately 2,700 employees and operates eight FSC\u00ae COC-certified (FSC\u00ae C-104904) production facilities in North America. For more information visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wTUhCJsAeMlwm7hTDVepsdqDHGH-wX_CuaCuqVxRsxoS-m2NuHxFY_6sOCqoOWK0ONc4yvTvnKVTLmwR_G7CBMpJBScBpOXYCWeQuVxaI8E=\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.krugerproducts.ca<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Forward Looking Information<\/strong><br \/>\n        <br \/>Forward-looking information contained in this news release is provided for the purpose of providing information about KPLP&#8217;s price increase of its Canadian consumer products. Any forward-looking information is made as of the date hereof and, except as required by law, KPT does not undertake any obligation to publicly update or revise such information to reflect new information, subsequent or otherwise.\u00a0\u00a0 : Forward-looking information is not a guarantee of future performance. By its very nature, forward-looking information involves inherent assumptions, risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking information will not be achieved.<\/p>\n<table style=\"border-collapse: collapse;width:50%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:50%;width:50%;min-width:50%\">\n            <strong>INFORMATION:<\/strong>\n          <\/td>\n<td style=\"max-width:50%;width:50%;min-width:50%\">\n            <strong>INVESTORS:<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td>Fran\u00e7ois Paroyan<\/td>\n<td>Mike Baldesarra<\/td>\n<\/tr>\n<tr>\n<td>SVP, General Counsel &amp; Corporate Affairs<\/td>\n<td>Director of Investor Relations<\/td>\n<\/tr>\n<tr>\n<td>Kruger Products L.P.\u00a0<\/td>\n<td>KP Tissue Inc.<\/td>\n<\/tr>\n<tr>\n<td>\n            <a href=\"mailto:francois.paroyan@krugerproducts.ca\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">francois.paroyan@krugerproducts.ca<\/a>\u00a0\u00a0<\/td>\n<td>\n            <a href=\"mailto:IR@KPTissueinc.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">IR@KPTissueinc.com<\/a>\n          <\/td>\n<\/tr>\n<\/table>\n<p>\n        <br \/>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<br \/>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<br \/>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMTc1MSM0MTA2NTc0IzIwODEzNzU=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/a7e611ec-285b-4279-abee-ed8030e1f9e8\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, April 05, 2021 (GLOBE NEWSWIRE) &#8212; Kruger Products L.P. (\u201cKPLP\u201d), a company in which KP Tissue Inc. (TSX: KPT) holds a limited partnership interest, announced today that it will be increasing the price of its consumer branded and private label tissue products sold in Canada effective, July 5, 2021. The increase will be in the high single digits and is required to offset rapid and sustained cost increases of pulp and other commodities. About KP Tissue Inc. KPT was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP. For more information visit www.kptissueinc.com. KPT currently holds &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kruger-products-announces-price-increase-in-canada\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Kruger Products Announces Price Increase in Canada&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-471194","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kruger Products Announces Price Increase in Canada - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/kruger-products-announces-price-increase-in-canada\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kruger Products Announces Price Increase in Canada - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES MISSISSAUGA, Ontario, April 05, 2021 (GLOBE NEWSWIRE) &#8212; Kruger Products L.P. (\u201cKPLP\u201d), a company in which KP Tissue Inc. (TSX: KPT) holds a limited partnership interest, announced today that it will be increasing the price of its consumer branded and private label tissue products sold in Canada effective, July 5, 2021. The increase will be in the high single digits and is required to offset rapid and sustained cost increases of pulp and other commodities. About KP Tissue Inc. KPT was created to acquire, and its business is limited to holding, a limited partnership interest in KPLP. For more information visit www.kptissueinc.com. 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