Pic: Sky News
ICSM PRINT INDUSTRY NEWS: Fire at Smuffit Kappa site in Brum sees shares tumble but recover after the paper mill is saved
The Smurfit Kappa firm’s Nechells site in Birmingham saw a massive fire on June 13th as 110 firefighters battled to save thousands of tons of paper and cardboard go up in flames.
It has led to tumble in the company’s share price although it has since recovered. The Smurfit Kappa Group plc is Europe's leading corrugated packaging company and one of the leading paper-based packaging companies in the world. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
Smurfit Kappa told Print Week: “At approximately 19.40 BST yesterday evening a fire broke out in an adjacent premises to the Smurfit Kappa SSK Paper Mill in Birmingham. High winds carried the fire which reached the mill’s recovered fibre yard. The paper mill itself is unaffected and we do not expect any material impact on production.”
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