Parenco acquisitions unsettling non-integrated corrugated producers in the UK

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The acquisition of Parenco was dominating the recycled containerboard market in the UK in June. Sources noted that Parenco shipped significant amounts to independent converters in the UK.

Like others, these companies are watching what is happening with concern and have therefore shelved discussions with their suppliers about price cuts for containerboard for the time being.

Experts are urging market players to wait and see how Smurfit Kappa will deal with Parenco's output in future. However, insiders fear that the acquisition will have an impact on the entire price structure in the UK.

The acquisition of Parenco was dominating the recycled corrugated case material market in the UK in mid-June. Sources noted that Parenco shipped significant amounts to independent converters in the UK.

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