March 31, 2021 - Smurfit Kappa has announced a further investment of over EUR 25 million at its Pruszkow 'mega-plant' located in central Poland. This investment forms part of the accelerated capital investment programme following the company's EUR 660 million equity capital raise which took place in November 2020.
This latest investment will double the output from the corrugated packaging facility and result in the creation of 25 new jobs, bringing employment to more than 230 staff at the location.
Construction, which will begin in July of this year, will include the installation of a new high-tech corrugator, new converting equipment, logistics optimisation and a finished goods (FG) warehouse that has the capacity for 12,000 pallets.
The expanded plant will also reduce CO2 emissions by approximately 55 tonnes per year.
"This significant investment marks Smurfit Kappa's strategic commitment to its presence in Poland and in Eastern Europe," said Saverio Mayer, CEO for Smurfit Kappa Europe. "The Pruszkow plant is integral to our business, and this expansion will enable us to further meet the evolving needs of new and existing customers in key sectors, efficiently and sustainably."
Upon completion during 2022, the newly expanded facility will be 37,500 metres2, making it Smurfit Kappa's largest facility in Poland and one of the largest facilities for Smurfit Kappa in Europe. The customer portfolio includes some of the leading brands in the FMCG food and beverage sectors and serves both international and local customers.
Based in Dublin, Ireland, Smurfit Kappa is a leading producer of paper-based packaging with around 45,000 employees across 33 countries. To learn more, visit: www.smurfitkappa.com.
SOURCE: Smurfit Kappa
Paper Industry Newsletter
Stay on top of paper industry news
from around the world with
PaperAge's free weekly newsletter.
Delivered every Thursday.
Sign up today!