Smurfit Kappa invests $62m in advanced and sustainable technology in the Los Reyes Paper Mill, Mexico
16 October 2017
Smurfit Kappa Mexico has invested US $62 million in a new machine which began operating recently in the Los Reyes Paper Mill, 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.
The investment will enable Smurfit Kappa Mexico to produce high performance containerboard, contributing to the company's 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.
PM6 is one of Smurfit Kappa´s largest investments in Mexico in recent years and an important milestone for the company. Investment in PM6, 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.