Smurfit Kappa taps ABB for modernisation project at Mexican mill [Yahoo! Finance]
SMURFIT KAPPA GROUP ADR (SMFKY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
The project marks the first collaboration between the two companies in this region and signifies a major upgrade for Smurfit Kappa's operations. The modernisation project aims to transform PM5 into a highly efficient and productive machine. ABB said it will deliver its ABB Ability System 800xA distributed control system, along with a comprehensive system featuring advanced motors and drives. This combination is expected to significantly increase production efficiency and output for Smurfit Kappa. A key factor in Smurfit Kappa's decision to select ABB was the company's proven expertise in speed and tension control for paper machines. ABB said its solution will minimise downtime while ensuring optimal performance. The new technology embedded in the drives, coupled with the control system, guarantees precise control and consistent paper quality. ABB emphasised it guarantees a system uptime of 98.5% during the first three months following the machine's 2025 startup, transla
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