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Mondi opens new kraft paper machine at mill in Czech Republic
Yahoo Finance· 2025-11-26 10:04
Core Insights - Mondi has opened a new kraft paper machine at its Štětí mill in the Czech Republic, with a production capacity of 210,000 tons per year, aimed at meeting the growing demand for paper-based flexible packaging driven by e-commerce and sustainability trends [1][2] - The investment is part of a €400 million ($463.8 million) program to enhance capacity at the mill, allowing for streamlined production across various kraft paper grades, including specialty products [1][2] - The new machine will produce high-strength, high-porosity grades suitable for construction, industrial, and e-commerce applications [2] Investment and Capacity Expansion - The €400 million investment program is designed to boost production capacity at the Štětí mill [1] - The new asset will enable Mondi to balance production across its kraft paper range, enhancing efficiency and product offerings [2] Market Dynamics and Sustainability - A panel session during the inauguration discussed current market dynamics, sustainability issues, and collaboration within the packaging supply chain [3] - Mondi's CEO emphasized the importance of innovation, sustainability, and teamwork in achieving customer service excellence and high-quality packaging materials [4] Product Range Expansion - In November 2025, Mondi expanded its food packaging range to include corrugated and solid board solutions, along with digital printing capabilities [4] - This expansion follows the acquisition of Schumacher Packaging assets, aimed at serving food producers and retailers in Europe [5]