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March 24, 2022

Mondi to invest $307.5m in corrugated packaging production

The investment is part of Mondi’s €1bn ($1.09bn) expansionary capital investment plan.

Multinational paper and packaging firm Mondi has announced a €280m ($307.5m) investment to boost its corrugated packaging production across four countries.

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The company will invest around €185m of the total capital across its central and eastern European corrugated plant network.

The remaining €95m has been allocated for its containerboard mill in Świecie, Poland.

Mondi will rebuild paper machines PM2 and PM5 and install an anaerobic treatment plant, which will feature an integrated cooling system, at the Świecie facility.

The company will also upgrade the facility’s pulp mill, the recycled fibre line and the energy recovery system.

In Poland, Mondi will expand the capacity of its Warsaw plant by adding machinery and automation.

The company will also expand its corrugated solution production in Germany and the Czech Republic.

In addition, Mondi will invest in several of its sites in Turkey, including its facilities in Gebze, Bursa, Izmir and Mondi Tire Kutsan Karaman.

Mondi corrugated packaging CEO Markus Gärtner said: “Sustainability is at the heart of Mondi’s strategy.

“Ongoing investment in our Corrugated Packaging business supports our MAP2030 commitments around circular-driven packaging and paper solutions, created by empowered people taking action on climate.

“Together with our suppliers, we are further optimising our production processes to use resources more responsibly, minimise our environmental footprint and contribute to a better world.

“At the same time, customers benefit from enhanced product quality and shorter lead times, while our employees enjoy exciting job opportunities, operating state-of-the-art machinery with world-class safety standards.”

The investment is intended to improve Mondi’s overall production and warehouse capacity while allowing the company to better serve its customers by optimising automation and internal material flows.

It is in line with the company’s €1bn expansionary capital investment projects to expedite its sustainable packaging growth.

Earlier this month, Mondi opened an advanced flexo printing line at its plant in Gronau, Germany.

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Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

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