Smurfit Kappa, one of the world’s leading paper-based packaging firms, announced that an advanced new paper machine (PM6) began operating at the Los Reyes Paper Mill site in the State of Mexico in January.
According to the company, this new endeavor is one of its largest investments in the country in recent years and an important milestone for the company in the Americas.
Although Smurfit Kappa did not disclose the amount of the investment on this occasion, previous reports show that the company allocated US$ 62 million in the purchase and installation of this machinery.
The new high performance PM6, which produces recycled containerboard, strengthens Smurfit Kappa’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 modernization project for converting plants which, along with the new PM6, significantly increases customer capabilities.
Speaking at the inauguration event, Juan Guillermo Castaneda, CEO of Smurfit Kappa Americas, said: “As the leading supplier of paper-based packaging in the Americas and the largest group with a pan-regional presence, we are pleased to continue bringing the latest industry innovations to Mexico”.
“Mexico is a market with strong growth potential which is key to our operations in the region. We continue to invest in this country to boost our competitiveness and offer our customers the very best in sustainable packaging,” Castaneda added.
Jorge Alberto Angel, CEO of Smurfit Kappa Mexico, added: “Smurfit Kappa has long been committed to best practices in responsibly supplying paper for the sustainable manufacture of board and packaging. 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.”
The Los Reyes Paper Mill is one of the company's three containerboard mills in Mexico, where it also operates 15 converting plants.