Thursday, April 29, 2010

Smurif-Stone to Exit Bankruptcy

Smurfit-Stone Container, one of the industry's largest containerboard and corrugated packaging producers, announced plans to exit chapter 11. The company will reorganize and become a much leaner organization.

3 comments:

Anonymous said...

This is healthy for the industry. I understand IP is looking at buying all or some of Smurfit. Any truth to this?

Anonymous said...

Agree, the packaging segment has shrunken to very few producers and this is not good long term. The industry needs Smurfit-Stone to survive and become stronger. I too heard International Paper Company was looking at all or at least a part of Stone.

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