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Smurfit Westrock is the world's largest cardboard box maker

Smurfit Westrock's US orders steadying after rocky weeks

US order books at the world's largest cardboard box maker Smurfit Westrock are steadying after "a lot of weakness" in March and early April amid falling consumer confidence, the company's chief executive Tony Smurfit said today.

Business • 01 May

Smurfit Westrock, the world's largest cardboard box maker, listed in New York earlier this year

Smurfit Westrock forecasts FY core profit of $4.7 billion

Smurfit Westrock said it expects to make a full year core profit of $4.7 billion after posting third quarter earnings before interest, tax, depreciation and amortisation (EBITDA) of $1.265 billion.

Business • 30 Oct 24

Smurfit Kappa and WestRock merged to become Smurfit Westrock earlier this year

Smurfit awarded $469m against Venezuela by tribunal

Global paper producer Smurfit Westrock has been awarded a $469m arbitration ruling against Venezuela by the World Bank's International Centre for Settlement of Investment Disputes (ICSID), the company and the tribunal said.

Business • 30 Aug 24

Smurfit Kappa's second-quarter profit fell to $132m from $267m reported a year earlier

Smurfit Kappa's Q2 profit tanks on softer demand, costs

Smurfit Westrock last night reported a 51% drop in Smurfit Kappa's quarterly profit, hurt by softer consumer spending on goods crimping demand for packaging products as well as higher input costs.

Business • 31 Jul 24

Smurfit Westrock began trading on Wall Street today

Consumer demand improving - Smurfit Westrock CFO

Sustainable packaging giant Smurfit Westrock has started trading on the New York Stock Exchange today after the completion of the previously announced combination of Smurfit Kappa and WestRock last year.

Business • 08 Jul 24

Smurfit Kappa's shares will be delisted from Euronext Dublin on July 8

Smurfit Kappa shares now suspended from Euronext Dublin

Smurfit Kappa confirmed today that its shares listed on Euronext Dublin were suspended from trading from yesterday's close.

Business • 03 Jul 24

The combined Smurfit WestRock will be domiciled in Ireland, with its global headquarters in Dublin

Smurfit Kappa to delist from Euronext Dublin on July 8

Paper and packaging group Smurfit Kappa says it has obtained all of the regulatory clearances it needs to complete its $20 billion tie-up with US competitor WestRock.

Business • 27 Jun 24

The second investment of €27 million in its Nervión paper mill will see the mill adopt a fully circular production process

Smurfit Kappa invests over €30 million in Spain

Smurfit Kappa, Europe's largest paper packaging producer has invested over €30 million across two projects in Spain to further reduce CO2 emissions.

Business • 11 Jun 24

Smurfit Kappa said it remained on track to complete its $11 billion acquisition of US rival WestRock in early July

Smurfit Kappa shares rise on Q1 earnings improvement

Smurfit Kappa shares rose this morning after its first quarter core profit fell sharply year-on-year but was higher than the final quarter of 2023 when it had signalled a dip in demand for packaging was at an end.

Business • 02 May 24

International Paper has agreed to an all-share deal to buy DS Smith, valuing the UK paper and packaging firm at £5.8 billion

International Paper's £5.8 billion deal for DS Smith

International Paper has today agreed to an all-share deal to buy DS Smith, valuing the British packaging firm at £5.8 billion and edging out a bid by Mondi.

Business • 16 Apr 24

THe UK's DS Smith said it was in talks with International Paper over an all-stock offer from the US-listed company, which valued it at £5.72 billion

International Paper stirs up biding war over DS Smith

International Paper has stirred up a potential bidding war over British paper packaging firm DS Smith, making a takeover offer that sent the shares of the FTSE-100 target over a two-year high.

Business • 27 Mar 24

Smurfit Kappa operates in 22 European countries and 13 in South, Central and North America

Smurfit Kappa says worst is over as volume growth returns

The worst of a year-long dip in demand for packaging appears to be over, Smurfit Kappa's CEO said today, after the company reported a rise in fourth quarter production volume that snapped three quarters of declines.

Business • 07 Feb 24

Smurfit Kappa's Bag-in-Box Ibi plant in Spain

Smurfit Kappa invests €54m in Spanish Bag-in-Box plant

Paper and packaging giant Smurfit Kappa is to invest €54m to double the capacity of its Ibi Bag-in-Box plant in Alicante in Spain.

Business • 01 Feb 24

Smurfit Kappa has reported lower revenues and profits for the nine months to the end of September.

Smurfit Kappa says decline in box demand slowing

Europe's largest paper packaging producer Smurfit Kappa said the decline in box demand continued to slow in the third quarter as it forecast that full-year core profit would fall by almost 13% to around €2.05 billion.

Business • 01 Nov 23

Smurfit Kappa has invested €129m in purification and water treatment systems across its operations in Europe and the Americas since 2005

Smurfit Kappa invests €5m in Serbian facility

Paper and packaging giant Smurfit Kappa has inaugurated a new purification and wastewater treatment plant in Belgrade in Serbia after a €5m investment.

Business • 29 Sep 23

CRH shares to delist from Euronext Dublin on Monday

CRH shares cease trading on Euronext Dublin

Shares in building materials giant CRH ceased trading on the Irish Stock Exchange yesterday.

Business • 21 Sep 23

The combined entity will be named Smurfit WestRock and domiciled in Ireland

Smurfit Kappa, WestRock to merge to create $20bn giant

Smurfit Kappa and WestRock have agreed to combine, the companies said today, to create one of the world's largest paper and packaging producers worth nearly $20 billion.

Business • 12 Sep 23

If the deal with WestRock goes ahead, Smurfit Kappa said it would delist from Euronext Dublin

Smurfit Kappa in merger talks with US rival WestRock

Paper and packaging giant Smurfit Kappa has confirmed reports that it is in talks with its US rival WestRock about a potential merger.

Business • 07 Sep 23

Smurfit Kappa said its half year revenue fell by 9% to €5.837 billion

Smurfit Kappa's H1 profits and revenues dip

Paper and packaging company Smurfit Kappa has reported drops in both revenue and profits for the six months to the end of June in what it called a "challenging macro backdrop".

Business • 02 Aug 23

Smurfit Kappa has invested over €35m in the 25,000 m2 facility in Rabat in Morocco

Smurfit Kappa opens first plant in North Africa

Europe's largest paper and packaging producer Smurfit Kappa expects the opening of its first North African plant in Morocco to set the stage for further expansion in a fast growing region for consumer goods, its chief financial officer said today.

Business • 12 Jul 23

Smurfit Kappa's first quarter earnings rise by 13%

Paper and packaging company Smurfit Kappa has reported higher profits and earnings for the first quarter of 2023 but a dip in revenues.

Business • 28 Apr 23

Smurfit Kappa's operations in Russia had included a bag-in-box facility and two corrugated plants in St Petersburg as well as a corrugated plant in Moscow

Smurfit Kappa completes exit from Russian market

Smurfit Kappa said today that it has completed its exit from the Russian market.

Business • 20 Mar 23

Smurfit Kappa noted that unprecedented cost inflation, especially in energy, had moderated in the latter part of last year

Smurfit Kappa's annual profits jump by 42%

Paper and packaging giant Smurfit Kappa has reported higher profits and revenues for 2022 amid what it called "a year of extraordinary circumstances".

Business • 08 Feb 23

Smurfit Kappa is to invest €6m to build solar panels at its Sanguesa paper mill in Spain

Smurfit Kappa invests €6m in green energy in Spain

Smurfit Kappa is to invest €6m at its Sanguesa paper mill in Spain, which will see the construction and installation of up to 12,000 solar panels on land adjacent to the mill.

Business • 26 Jan 23

Smurfit Kappa launches a new eCommerce store

Smurfit Kappa has formally launched a new eCommerce store in the Dominican Republic.

Business • 12 Jan 23