Monday 19 February 2018

Smurfit Kappa continues investment in Mexico

The paper packaging giant is due to release its full year results on Wednesday.
The paper packaging giant is due to release its full year results on Wednesday.
Ellie Donnelly

Ellie Donnelly

Smurfit Kappa is continuing its investment in Mexico with the launch of an advanced paper machine at its Los Reyes Paper Mill site.

The new high performance machine – a PM6, which produces recycled container board - strengthens the company’s offering for the agricultural and electrical appliance sectors.

Operating in Mexico for more than 40 years, Smurfit Kappa has also recently invested in a modernisation project for converting plants which, along with the new PM6, significantly increases customer capabilities, the company said today.

"Mexico is a market with strong growth potential, which is key to our operations in the region," Juan Guillermo Castaneda, chief executive of Smurfit Kappa, the Americas, said.

"We continue to invest in this country to boost our competitiveness and offer our customers the very best in sustainable packaging."

The Los Reyes Paper Mill is one of the company's three container board mills in Mexico, where it also operates 15 converting plants.

"We are proud to start operating yet another state-of-the-art paper machine in Mexico, further contributing to sustainable development and growth in the country," Jorge Alberto Angel, chief executive of Smurfit Kappa Mexico, said.

The paper packaging giant is due to release its full year results on Wednesday.

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