https://newsletter.en.creamermedia.com
Fire|Packaging|Paper|Packaging
Fire|Packaging|Paper|Packaging
fire|packaging-company|paper|packaging

Mondi to permanently shut Bulgaria paper mill after fire

25th October 2024

By: Creamer Media Reporter

     

Font size: - +

Packaging and paper group Mondi has decided to permanently close its Stambolijski paper mill, in Bulgaria, after a fire caused extensive damage to the 100 000 t/y brown kraft paper machine in September.

"After evaluating the options for repairing the mill and the ongoing investment required for the mill to remain competitive into the future, Mondi has concluded that closing the mill and serving customers out of its network of other kraft paper mills is the best course of action overall," the group says.

About 300 employees will be affected by the mill's closure.

Further, Mondi says there is expected to be an estimated €100-million in net closure costs, primarily related to a noncash asset impairment, which it will book as a special item.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

Showroom

Rentech
Rentech

Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...

VISIT SHOWROOM 
Essentra Components
Essentra Components

We are responsible manufacturers of essential components. Manufacturing 80 million parts a week, we have over 1 billion parts in stock.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (02/05/2025)
2nd May 2025 By: Martin Creamer
Magazine round up | 02 May 2025
Magazine round up | 02 May 2025
2nd May 2025

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:0.166 0.254s - 150pq - 2rq
Subscribe Now