Cutting containerboard capacity

摘要

The Smurfit Kappa Group plans to close its less efficient containerboard capacity and reduce 2008 production through market related downtime. The company's objective is to reduce operating costs and maximize the continuing efficiency of its mill system. The Valladolid recycled containerboard mill in northern Spain will close in the second quarter of 2008. It has an annual capacity of 130,000t and the closure will have the effect of reducing recycled capacity by 70,000t this year.