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Smurfit Kappa Invests in Facture Paper Mill to Meet Growing Demand for Kraftliner
Apr 23, 2018Smurfit Kappa has further invested in its Facture paper mill to meet the growing demand for kraftliner grades in Europe. An upgrade of the mill, which is in South West France, was successfully completed in March following a three-week ...
Tags: Smurfit Kappa, Paper Mill
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Smurfit Kappa Revenue Surges 4% in Q3
Nov 3, 2017Smurfit Kappa Group (SKG) has reported revenue of €2.12bn for the third quarter of 2017, representing a growth of 4% compared to the same period last year. For the full year that ended 30 September 2017, the company reported revenue ...
Tags: Smurfit Kappa Group, packaging
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Smurfit Kappa Will Acquire CYBSA to Enhance Its Footprint in America
Mar 11, 2015Smurfit Kappa will acquire non-integrated corrugated, folding cartons and flexible packaging manufacturer Grupo CYBSA to enhance its footprint in the growing Central American market. CYBSA operates five packaging plants in El Salvador ...
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Smurfit Kappa Has Agreed to Acquire Bates Container for an Initial Investment of $150m
Sep 30, 2014Irish paper-based packaging producer Smurfit Kappa has agreed to acquire corrugated packaging manufacturer Bates Container for an initial investment of $150m. Bates makes corrugated packaging and provides its services to the Texas region. ...
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Deal ,Which to Be Funded From Smurfit Kappa's Cash Reserves,Is Expected to Be at This Year
Sep 30, 2014A deferred payment of around $7.5m (4.6m) is to be made at a later date to Bates, which employs 320 people and has a 135,000 tonnes of containerboard requirement. The deal, which will be funded from Smurfit Kappa’s cash reserves, is ...
Tags: Smurfit Kappa, Deal, Printing
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Smurfit Kappa Announced Price Increases for Recycled and Kraftliner Containerboard
Aug 19, 2014The results, for the three months and six months ending 30 June 2014, revealed robust capital structure with annualised cash interest reduced to €135m Additionally, interim dividend increased by 50% to 15.375 cent, which SKG said ...
Tags: Smurfit Kappa, SKG, Packaging
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Smurfit Kappa Announces Fiscal 2014 First Quarter Results
May 7, 2014In the quarter under review, the group reported an improved year-on-year EBITDA margin of 13.9% and an increasingly strong Return on Capital Employed of 13.8% further underlining SKG’s progress on achieving optimal returns through ...
Tags: Smurfit Kappa, packaging
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The Gap Between Kraft and Testliner Prices Had Grown and Hence a Narrowing Made Sense
Jan 6, 2014The gap between Kraft and Testliner prices had grown and hence a narrowing made sense. Foreign Kraft producers found the UK market increasingly attractive…which raised supply. There has been a further switch out of Kraft into the less ...
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Western&Eastern EU Market Is Finding Recycled Containerboard in Increasingly Tight Supply
Sep 11, 2013The Western and Eastern European market is finding recycled containerboard in increasingly tight supply: The sun has been shining in much of Europe and demand is up…helping to bring the Eurozone out of a long recession. Testliner ...
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Revenue for The Half Year Grew From €3.6bn in 2012 to €3.9bn
Aug 2, 2013In the corrugated giant's first half of the year statement published today (31 July), chief executive Gary McGann said the growth was the result of improved pricing, continued cost take-out and enhanced efficiency programmes. Revenue for ...
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A Gradual Dilution in Happiness Through The Corrugated Supply Chain Is Apparent
Jul 17, 2013The main story in the UK corrugated industry remains that of material prices, although another seismic bit of industry restructuring may well be afoot (I may be able to say more next month). In the meantime, a gradual dilution in happiness ...
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SKG Sets out Targets to Strengthen Its Sustainable Business Practices Under 7 Key Blocks
May 29, 2013SKG has set out targets to strengthen its sustainable business practices under seven key building blocks including: Chain of Custody, CO emissions, Waste, Water, Health & Safety, Sustainable Sourcing, and Community Involvement. Detailed ...
Tags: Kappa, Sustainability Plan, Packaging
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Skg Has Set out Targets to Bolster Its Sustainable Business Practices
May 23, 2013Irish paper-based packaging products manufacturer Smurfit Kappa Group (SKG) has announced publication of its vision on sustainability which creates additional objectives for the business up to 2020. The vision also extends and builds on ...
Tags: Smurfit Kappa, Long Term View
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Q1:The Group Reported That Revenues for The Period Rose by 4% Year-on-Year to €1.89bn
May 6, 2013In first quarter results published this morning (3 May), the group reported that revenues for the period rose by 4% year-on-year to €1.89bn, while EBITDA profit slipped 2% to €241m. Pre-tax profits, meanwhile, fell to €57m ...
Tags: Smurfit Kappa, Packaging
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Smurfit Kappa Said OCCG's Strong Strategic Fit with The Corrugated Firm
Dec 5, 2012OCCG has operations in northern Mexico and the southern United States. OCCG employs 2,800 people (2,000 of whom are employed in Mexico), and is expected to generate $53m of earnings before interest, taxes, depreciation, and amortization ...
Tags: OCCG, acquire, packaging, recycled containerboard mill
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