Agency / Source: Mondi Group

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Mondi Approves €400 Million Investment in New Kraft Paper Machine At Štětí Mill (Czech Republic) - Mondi, a global leader in sustainable packaging and paper, has announced the approval of a €400 million investment in a new paper machine at its flagship Štětí mill in the Czech Republic - MondiGroup.com
Mondi Approves €400 Million Investment in New Kraft Paper Machine At Štětí Mill (Czech Republic)

 

PRZOOM - /newswire/ - Prague, Czech Republic, 2022/10/20 - Mondi, a global leader in sustainable packaging and paper, has announced the approval of a €400 million investment in a new paper machine at its flagship Štětí mill in the Czech Republic - MondiGroup.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Packaging Equipment / Service Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• New 210,000 tonnes per year kraft paper machine will meet the growing demand for paper-based flexible packaging;
• Investment supports growth of Mondi’s vertically integrated Paper Bags business;
• Forms part of Mondi’s ambitious, previously announced €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging.

The investment forms part of the Group’s €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen Mondi’s leading position in the market.

The investment will help Mondi to meet the growing demand for paper-based flexible packaging, underpinned by growth in eCommerce and sustainable packaging, and will contribute to increasing Mondi’s range of innovative, sustainable packaging and paper solutions. The new machine will produce around 210,000 tonnes per annum of sack kraft paper supporting Mondi’s Paper Bags business thanks to the benefits of a vertically integrated value chain. It will also allow Mondi to optimise production across the remaining kraft paper portfolio and strengthen its leading position in speciality kraft paper across a broad range of applications such as functional barrier papers.

"As a global leader in innovative and sustainable packaging solutions, we are pleased to announce the approval of such an important investment. Sustainability is at the heart of all we do and this is a big step forward on our journey to making all our packaging solutions reusable, recyclable or compostable, which is one of our Mondi Action Plan 2030 (MAP2030) commitments."
Thomas Ott, CEO Flexible Packaging, Mondi

About Mondi

Mondi (mondigroup.com) is a global leader in packaging and paper, contributing to a better world by making innovative solutions that are sustainable by design. Our business is integrated across the value chain from managing forests and producing pulp, paper and films, to developing and manufacturing sustainable consumer and industrial packaging solutions using paper where possible, plastic when useful. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.

In 2021, Mondi had revenues of €7.0 billion and underlying EBITDA of €1.2 billion from continuing operations, and employed 21,000 people worldwide. Mondi has a premium listing on the London Stock Exchange (MNDI), where the Group is a FTSE100 constituent, and also has a secondary listing on the JSE Limited (MNP).

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Packaging Equipment / Service Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Mondi Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Packaging Equipment / Service articles,
CATCH Visitors via Your Competitors Announcements!


Mondi Approves €400 Million Investment in New Kraft Paper Machine At Štětí Mill (Czech Republic)

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Štětí Mill | Mondi Group
Contact: Judith Wronn - MondiGroup.com 
+49 151 17714692 judith.wronn[.]mondigroup.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Mondi Group securities in any jurisdiction including any other companies listed or named in this release.

Packaging Equipment / Service via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Press Releases From Mondi Group / Company Profile


Read Packaging Equipment / Service Most Recent Related Press Releases:

Smurfit Kappa's Sustainable Solutions Take Home Eight WorldStar Awards
ProAmpac Expands Recyclable Quad-Seal Packaging Portfolio with New QUADFLEX LT Solution
Mondi Expands Range of FunctionalBarrier Papers with High Barrier Packaging Solution
Mondi Supports Noel Alimentaria on their Journey to Reduce Plastic in Fresh Food Packaging
Smurfit Kappa Showcases eCommerce Expertise with New Dominican Republic Store
Mondi Celebrates Eight WorldStar Awards for Outstanding Packaging Solutions
Mondi and FRESH!PACKING Reinvent the Cooler Bag with Recyclable Kraft Paper Alternative
BASF and StePac Partner to Develop Sustainable Packaging for Shelf-life Extension of Fresh Produce
Mondi Partners with RetailX to Identify Five Trends in eCommerce Packaging
Smurfit Kappa Invests Over €20 Million in Central and Eastern Europe

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
.



PREMIUM Members


Visit  BizJobs.com

Visit  RightITnow, Inc.

Visit  Limelon Advertising, Co.







 
  ©2005-2023 PRZOOM - Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today