Smurfit Kappa eyes wider North Africa expansion after Morocco opening

Smurfit reported a 13% rise in first quarter core profit in April, but saw volumes fall for a third successive quarter.

Europe's largest paper and packaging producer Smurfit Kappa said it expects its first North African plant in Morocco to drive further expansion in a fast growing region for consumer goods.

The Irish company, which operates in 22 European countries and 13 in South, Central and North America, opened the €35m plant in Rabat, part of a €4.7bn investment drive over the last five years.