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Mondi invests Euro 280 million in corrugated packaging operations in Europe

Mar 24, 2022 at 12:45 pm by admin


UNITED KINGDOM (News release) -- Mondi is investing Euro 280 million in Corrugated Packaging operations across four countries. This includes around Euro 185 million across its central and eastern European Corrugated Solutions plant network and Euro 95 million at Mondi Świecie's containerboard mill in Poland. These investments together represent an important part of Mondi's announced Euro 1 billion in expansionary capital investment projects this year to accelerate growth in sustainable packaging.

Some highlights of the investment programme:

The expansion and upgrade of Mondi's Kuopio semi-chemical fluting mill also remains on track. The Euro 125 million capital investment project announced last year will increase the facility's capacity by around 55,000 tonnes per annum to meet growing customer demand, enhance product quality and cost-competitiveness, and strengthen the mill's environmental performance. The project includes an upgrade of the wood yard, fibre line, evaporation plant and paper machine, with start-up planned for the 4Q 2023.

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Tags: Mondi
Sections: Leading Stories