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Smurfit shares hit after blaze damages packaging factory 

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Smurfit shares hit after blaze tears through packaging factory destroying 8,000 tonnes of paper and cardboard

Around 8,000 tonnes of paper and cardboard were destroyed in a blaze at a packaging plant in Birmingham.

Greater than 100 firefighters tackled the blaze on the Smurfit Kappa SSK paper mill within the Nechells area of town on Sunday.

The hearth began at 7.40pm on the premises round the corner and spread to the mill’s yard in high winds.

Paper loss: The large blaze on the Smurfit Kappa SSK paper mill in Birmingham destroyed around 8,000 tonnes of paper and cardboard

Pictures and drone footage posted by West Midlands Fire Service showed bales of cardboard on fire across a big area of the positioning, but fortunately there have been no casualties.

The plant is certainly one of two paper mills operated by Smurfit Kappa within the UK and produces 500 to 700 tonnes of packaging paper daily, which is later converted into cardboard boxes.

The Irish company has the capability to provide 8.3m tonnes of paper and cardboard a 12 months globally and handle greater than 7m tonnes of recovered paper for recycling. 

Packaging corporations have faced a surge in demand for his or her products during the last two years, first on account of the boom in ecommerce at the peak of the Covid-19 pandemic after which from the broader recovery that followed the reopening of economies. 

Smurfit said earlier this 12 months that its product range remained effectively sold out in almost all the 36 countries it operates in. 

Smurfit shares – that are listed on the FTSE 100 index – fell 2.2 per cent, or 65p, to 2892p.

A spokesman for the firm said: ‘Smurfit Kappa would really like to thank each West Midlands Fire Service staff and the SSK team for his or her swift and skilled response in controlling the fireplace inside just a few hours and ensuring the security of all.

‘The paper mill itself is unaffected and we don’t expect any material impact on production.’

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