DUBLIN, Ireland, Oct. 20, 2020 (Press Release) -Smurfit Kappa is pleased to announce the completed upgrade of its Belgrade paper machine. The mill, acquired together with the corrugated plant Avala Ada back in 2019, operates a five meter wide brown recycled containerboard machine. The project, which consisted of different building blocks, is geared to improving paper quality, energy efficiency, runability and speed, to ultimately deliver high quality containerboard in line with the most rigorous European standards.
This project is carried out in parallel with the upgrade of the mill's water treatment plant.
Milan Markovic, Managing Director of Smurfit Kappa Belgrade Mill said: "This substantial investment aims to strengthen our asset base with a view to further growth of the Smurfit Kappa footprint in the Balkan region. Since the machine restarted operations in 2009, we strongly believe this is the first decisive step to become one of the best operating paper mills in this region."
About Smurfit Kappa
Smurfit Kappa, a FTSE 100 company, is one of the leading providers of paper-based packaging solutions in the world, with approximately 46,000 employees in over 350 production sites across 35 countries and with revenue of €9.0 billion in 2019. We are located in 23 countries in Europe, and 12 in the Americas. We are the only large-scale pan-regional player in Latin America.
With our pro-active team, we relentlessly use our extensive experience and expertise, supported by our scale, to open up opportunities for our customers. We collaborate with forward-thinking customers by sharing superior product knowledge, market understanding and insights in packaging trends to ensure business success in their markets. We have an unrivalled portfolio of paper-packaging solutions, which is constantly updated with our market-leading innovations. This is enhanced through the benefits of our integration, with optimal paper design, logistics, timeliness of service, and our packaging plants sourcing most of their raw materials from our own paper mills.
Our products, which are 100% renewable and produced sustainably, improve the environmental footprint of our customers.