The company Smurfit Kappa Štúrovo,a member of the Smurfit Kappa Group, announced the end of production in its Štúrovo-based paper mill. The planned shutdown is linked with excess production capacities for corrugated cardboard in the European market in combination with the global economic downturn, resulting in a recent significant decline of demand.
The production halt was also spurred by huge progress in paper production from recycled fibers which makes high-quality fluting largely accessible at lower prices, the company told the SITA newswire. SITA
Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.
2. Oct 2009 at 10:00