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Mondi Celebrates Completion of €125 Million Containerboard Mill Upgrade in Kuopio, Finland - Mondi, a global leader in sustainable packaging and paper, has completed its €125 million investment in the Kuopio containerboard mill - MondiGroup.com
Mondi Celebrates Completion of €125 Million Containerboard Mill Upgrade in Kuopio, Finland

 

NewswireTODAY - /newswire/ - Kuopio, Finland, 2024/06/19 - Mondi, a global leader in sustainable packaging and paper, has completed its €125 million investment in the Kuopio containerboard mill - MondiGroup.com.

   
 
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• Mondi has completed a €125 million investment project in its Kuopio mill, which will increase production capacity by 55,000 tonnes per annum while enhancing efficiency and improving environmental performance.
• The modernisation project, aligned with Mondi’s MAP2030 sustainability commitments, includes upgrades to the wood yard, fibre line, evaporation plant, and paper machine, producing high-performance semi-chemical fluting.

It includes upgrades to the wood yard, fibre line, evaporation plant, and paper machine producing ProVantage Powerflute®, a high-performance fluting predominantly used in fresh fruit and vegetable trays and boxes.

This investment will increase production capacity by 55,000 tonnes per annum, enhance product quality for the benefit of our customers, and improve environmental performance by reducing greenhouse gas emissions per tonne of paper and improving resource and energy efficiency.

Today, Mondi Kuopio marked this milestone with an inauguration event attended by local politicians and partners, highlighting the collaborative efforts and shared vision of Mondi and its stakeholders in fostering economic growth and environmental responsibility.

"We are delighted to celebrate the completion of this significant investment and the opportunity it gives us to continue providing high-quality, sustainable products to our customers. It also demonstrates our commitment to supporting economic growth in the region and securing the long-term viability of the Kuopio mill."
Andrew King, CEO Mondi Group

Markus Gärtner, CEO of Mondi Corrugated Packaging, added,“Mondi's purpose is to be sustainable by design, and investments like this support our MAP2030 sustainability commitments around circular-driven packaging and paper solutions, created by empowered people, taking action on climate. The local community will benefit from a modernised mill, including improvements in safety and environmental performance.”

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 2022, Mondi had revenues of €8.9 billion and underlying EBITDA of €1.8 billion from continuing operations, and employed 22,000 people worldwide.

 
 
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Agency / Source: Mondi Group

 
 

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Mondi Celebrates Completion of €125 Million Containerboard Mill Upgrade in Kuopio, Finland

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Containerboard Mill | Mondi
Contact: Bettina Pokorny - MondiGroup.com 
+43 1 79013 4347 Bettina Pokorny - MondiGroup.com
 
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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.

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