Board Converting News, June 20, 2022

Smurfit Kappa Invests (CONT’D FROM PAGE 1)

Core Competency

significantly less transportation between Smurfit Kappa’s Nuevo Laredo and San Antonio plants. “This investment reinforces our commitment to being an important player in the growth of the Mexican market,” said Laurent Sellier, CEO, Smurfit Kappa the Americas. “It will also strengthen our partnerships within the sectors

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that drive the local economy in the Nuevo Laredo region.” Eduardo Rubio, CEO, Smurfit Kappa North America, added, “The enhanced production capacity we now have because of this investment has strengthened our ability to meet the needs of current and indeed potential cus- tomers in the region. Smurfit Kappa is a reliable source of high-performance, sustainable packaging, no matter how complex the product or supply chain requirements are.” This latest investment follows Smurfit Kappa’s $22 mil- lion expansion of its Culiacan corrugated plant in North- west Mexico last year.

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June 20, 2022

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