Yuhan-Kimberly, a proven model of joint venture success
Dec 8, 2011
The company sees more business opportunities in ChinaAt a crowded hypermarket in Beijing, the shelves for diapers are filled with Huggies products.Even though their maker Kimberly-Clark has a Chinese branch, all the premium diapers sold in China are produced by Korea-based Yuhan-Kimberly at its Daejeon factory, some 160 kilometers south of Seoul. Yuhan-Kimberly is a joint venture established in 1970 between Korean company Yuhan Corp. and U.S.-based Kimberly-Clark Corp., that entered China’s prem