Smurfit Kappa invests US$ 62 million to increase capacity at Mexican plant
Smurfit Kappa Mexico announced a US$ 62 million investment in a new machine which began operating recently in the Los Reyes Paper Mill, located in the municipality of Tlalnepantla de Baz, State of Mexico, just north of Mexico City.
“The PM6 machine, which has a production capacity of 100,000 tons of recycled containerboard per year, will facilitate greater integration within the Group’s converting plants and significantly increase the energy efficiency of the Los Reyes plant,” said the company in a statement.
The investment will enable Smurfit Kappa Mexico to produce high performance containerboard, in order to gain competitiveness in an ever-growing packaging market. The type of material produced by PM6 further strengthens Smurfit Kappa’s offering for the agricultural and electrical appliance sectors, where protecting products in the supply chain is key.
The PM6 is one of the company´s largest investments in Mexico in recent years. “In addition to the US$ 33.2 million that has been already invested in the Mexican converting plant modernization project, demonstrates Smurfit Kappa’s long-term commitment to Mexico and consolidates SKG’s position as the leading supplier of paper-based packaging in the Americas,” said the company in its statement.