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
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