Kruger Products Inc. announces price increase for tissue products amid rising costs
Price hike set for September 2024 aims to offset escalating commodity costs and inflation
Kruger Products Inc. (KPI), partially owned by KP Tissue Inc., has announced a price increase for its consumer branded and private label tissue products sold in Canada. The new prices will take effect on September 2, 2024, with increases in the high single digits.
The company attributes this decision to the significant and rapidly escalating costs of commodities and inflation. KPI’s statement emphasized the necessity of this adjustment to offset these rising expenses.