Mondi approves €400 million investment in new kraft paper machine at Štětí mill (Czech Republic)
New 210,000 tonnes per year kraft paper machine will meet the growing demand for paper-based flexible packaging
Mondi
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
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