Smurfit Kappa invests €600m to chase demand as its cardboard system is ‘sold out’

Smurfit Kappa chief executive Tony Smurfit: ‘To meet growing customer demand in the first nine months of the year we approved approximately €600m in projects across the group.’ Photograph: Alan Betson

International News
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Cardboard box-maker Smurfit Kappa said it has approved €600 million of investments in projects over the first nine months of the year as it seeks to keep up with growing demand for sustainable packaging.

Tony Smurfit, chief executive of the Dublin-based company, said in a trading update on Wednesday that the group’s integrated paper and corrugated – or cardboard – system “is effectively sold out”.


Source: The Irish Times


Legal Notice: Paper Advance is not responsible for the accuracy or availability of content on external websites.