Yupo Corporation America, Chesapeake, VA, announced in April the purchase of the in-mold label (IML), and non-label specialty paper businesses from Kimberly-Clark Corporation. This follows Yupo’s purchase in December 2001 of Kimberly-Clark’s direct thermal paper business. The company’s products, formerly available under Kimberly-Clark’s Kimdura brand, will now be available under Yupo Corporation’s YUPO brand synthetic paper.
“The purchase is a result of our desire to help customers gain a competitive advantage in their markets through the delivery of higher quality products and services,” says Osamu Sasaki, president and CEO Yupo Corporation America. “Packagers and converters can expect the same high quality products but with a new suite of more responsive services.”