Smurfit Kappa Mexico has invested $62 million in a new paper machine which began operating recently in the Los Reyes Paper Mill, north of Mexico City. PM6, 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 $33.2 million that has been already invested in the Mexican converting plant modernisation project, demonstrates Smurfit Kappa’s long-term commitment to Mexico and consolidates its position as a leading supplier of paper-based packaging in the Americas.