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Tuesday, September 28, 2010

**[investwise]** P&G To Roll Out New Tide, May Benefit JHS Svendgaard

 

Procter & Gamble Co. is adding a new product to its Tide laundry cleaner line that is supposed to keep linens white while preserving fabric strength, potentially saving customers money.
 
The consumer products maker said Monday that its Procter & Gamble Professional unit is launching Tide Professional Whiteness Enhancer, a non-bleach product aimed at paring linen replacement costs due to worn fabrics.
 
The product comes at a time when more and more people and businesses are keeping a close eye on their spending due to economic uncertainty.
 
Procter & Gamble said by using the new product, fabrics should stay strong for longer periods of time because of its near-neutral pH system. The system helps "preserve fabric fibers instead of breaking them down like standard alkaline laundry products," Eric Hetrick, P&G Professional North America commercial director, said in a statement.
 
Procter & Gamble, based in Cincinnati, has other consumer products including Gillette shavers, Pampers diapers, Crest toothpaste and Pantene shampoo.

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Some forward looking statements on projections, estimates, expectations & outlook are included to enable a better comprehension of the Company prospects. Actual results may, however, differ materially from those stated on account of factors such as changes in government regulations, tax regimes, economic developments within India and the countries within which the Company conducts its business, exchange rate and interest rate movements, impact of competing products and their pricing, product demand and supply constraints.
 
Nothing in this article is, or should be construed as, investment advice.
 
 
 

 
 

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