Kimberly-Clark de México

Kimberly-Clark de México, S.A.B. de C.V.
Type	Sociedad Anónima Bursátil de Capital Variable
Traded as	BMV: KIMBER A
Industry	Paper products
Founded	1931
Headquarters	México City, Mexico
Key people	Claudio X. González Laporte, (Chairman) ; Pablo González Guajardo, (CEO)
Products	Kleenex ; Huggies; Kotex; Cottonelle; Escudo
Revenue	US$ 2.2 billion (2012) [1]
Net income	US$ 318.2 million (2012)[2]
Number of employees	56,000
Parent	Kimberly-Clark
Website	www.kimberly-clark.com.mx

Kimberly-Clark de México is the Mexican subsidiary of American corporation Kimberly-Clark and was founded in 1931 with the commercialization of Kotex in Mexico, currently the company is headquartered in Mexico City.

The company engages in the manufacture and commercialization of disposable products for daily use by consumers within and away-from home in Mexico and internationally. The company's products include diapers and childcare products, feminine pads, incontinence care products, bath tissue, napkins, facial tissue, hand and kitchen towels, wet wipes and health care products.

Today the company has 7 000 direct employees and over 10 thousand indirect jobs, driving a large number of chains that benefits thousands of Mexican families.

On October 22, 2019, CEO Claudio X. González Laporte announced that Kimberly-Clark de Mexico will no longer be making short-term investments in Mexico, due to differences with President Andrés Manuel López Obrador and a general slowdown in the economy.[3] This was promptly followed by calls for a boycott of the company.[4]

In July 2020, a fully owned subsidiary of KCM – 4E Global – was identified as a principal supplier of low-cost poisonous 'sanitizer' products exported in massive amounts to the United States. These alcohol sanitizer products contain toxic amounts of methanol. While 4E Global itself has very small corporate presence – it is a wholly owned subsidiary of the Kimberly-Clark Mexico entity. Review of the below link indicates at least 20 different 4E Global products re-sold by US retailers. All are RECALLED AS TOXIC POISONOUS SUBSTANCES:

  <ref>https://www.usatoday.com/story/money/2020/08/01/hand-sanitizer-warning-methanol-risk-fda-avoid-these-sanitizers/5562366002/</ref?

References

"Kimberly Clark descarta invertir en México en el corto plazo" [Call in social networks to not purchase Kimberly Clark products]. La Jornanda (in Spanish). Oct 22, 2019.
Alejandro Alegría (Oct 22, 2019). "Llaman en redes sociales a no adquirir productos de Kimberly Clark" [Call in social networks to not purchase Kimberly Clark products]. La Jornanda (in Spanish).

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[3] "Kimberly Clark descarta invertir en México en el corto plazo" [Call in social networks to not purchase Kimberly Clark products]. La Jornanda (in Spanish). Oct 22, 2019.

[4] Alejandro Alegría (Oct 22, 2019). "Llaman en redes sociales a no adquirir productos de Kimberly Clark" [Call in social networks to not purchase Kimberly Clark products]. La Jornanda (in Spanish).