# Smurfit Kappa to invest EUR 24 million in Rethel corrugated plant in France

Smurfit Kappa will invest 24 million euros to expand and modernize its corrugated plant in Rethel, north-east France, adding an 8200 square meter machine plant, with completion expected in 2023.

- Type: Investment
- Announced: 2021-07-05
- Where: Rethel, France
- Value: $28.5M (24.0M EUR)
- Status: announced
- Products: corrugated packaging
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Smurfit Kappa](https://endata.com/companies/261.md) (investor)

## Sources

- [fancycopacking.com](https://www.fancycopacking.com/news/smurfit-kappa-s-investment-expanded-rapidly-a-47325679.html), 2021-07-05: "Smurfit Kappa recently announced that it will invest 24 million euros to expand its corrugated plant in rethel, northeast France."
- [fancyco.com](https://www.fancyco.com/news/smurfit-kappas-investment-expanded-rapidly-and-its-distribution-in-europe-and-north-america-was-accelerated/), 2021-07-06: "Smurfit Kappa recently announced that it will invest 24 million euros to expand its corrugated plant in rethel, northeast France."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.