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Kimberly-Clark, a leading manufacturer of diapers and sanitary pads, is poised to announce the imminent shutdown of its Ikorodu production facility, just two years after investing $100 million in the Nigerian market.
Sources within Kimberly-Clark informed Nairametrics that the company has struggled with various operational difficulties, including volatile exchange rates, high production costs, and regulatory challenges. According to them, the Ikorodu facility, which was intended to cater to the growing demand for Kimberly-Clark’s products in the West African region, has been operating below capacity.
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