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Smurfit Kappa acquires containerboard machine from CaDiDavid in Italy

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Smurfit Kappa acquires containerboard machine from CaDiDavid in Italy

July 14, 2010 - 21:14

DUBLIN, Ireland and LONDON, July 15, 2010 (Press Release) -Smurfit Kappa Group plc, one of the world's largest integrated manufacturers of paper-based packaging products with operations in Europe and Latin America, announces the acquisition of a 5 metre new generation containerboard machine from the liquidator of the CaDiDavid operation in Northern Italy.

SKG will use the machine to enhance the efficiency of its European mill system but it is not expected that the machine installation will result in a material increase in SKG's production capacity.

A further announcement will be issued when a decision is made about the optimal project for the paper machine.