Sonoco and Smurfit Kappa Group have expanded their reach in South America with Sonoco to acquire a majority interest in Graffo Paranaense de Embalagens (Graffo) in Brazil and Smurfit Kappa Group’s acquisition of Grupo CYBSA in El Salvador and Costa Rica.
Latin American packaging sales and higher box prices in Europe contributed to a 10% third-quarter revenue increase on Q3 2010, says packaging giant Smurfit Kappa Group (SKG).
Container board and corrugated packaging supplier, Smurfit Kappa Group (SKG), announcing a 20 per cent hike revenue today, said ongoing price increases will remain a priority in 2010 due to input cost pressures such as raw materials, labour and energy...
Smurfit Kappa Group (SKG) announced its revenue dropped by 14 per cent to €6.1bn in 2009 after a “significant collapse in market demand and pricing” during the year.