https://newsletter.en.creamermedia.com
Business|Export|Packaging|Paper|SECURITY|Packaging|Solutions
Business|Export|Packaging|Paper|SECURITY|Packaging|Solutions
business|export|packaging-company|paper|security|packaging|solutions

Mondi to invest €240m on additional recycled containerboard capacity in Italy

16th August 2022

By: Creamer Media Reporter

     

Font size: - +

Paper and packaging producer Mondi will acquire the Duino paper mill, near Trieste, in Italy, from the Burgo Group for €40-million.

The mill currently operates one paper machine producing lightweight coated mechanical paper, but Mondi intends to invest about €200-million to convert the machine to produce about 420 000 t/y of high-quality recycled containerboard.

“We are excited by this opportunity to invest in the growth of our packaging business, build on our integrated platform and broaden our geographic reach," says Mondi CEO Andrew King.

Mondi points out that Duino is situated near two important export harbours, meaning it is ideally located to supply the group’s Corrugated Solutions plants in Central Europe and Turkey, as well as to serve the growing local Italian market.

"The containerboard machine will strengthen backward integration in corrugated packaging and provide us with security of supply to better serve our customers," the group adds.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

 
 

Showroom

Weir
Weir

Weir is a global leader in mining technology. We recognise that our planet’s future depends on the transition to renewable energy, and that...

VISIT SHOWROOM 
Flameblock
Flameblock

FlameBlock is a proudly South African company that engineers, manufactures and supplies fire intumescent and retardant products to the fire...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.197 0.295s - 176pq - 2rq
Subscribe Now