Mondi, a global leader in sustainable packaging and paper, has approved a €125 million capital investment project at its semi-chemical fluting mill in Kuopio, Finland. This investment will increase the facility’s capacity by around 55 thousand tonnes per annum to meet growing customer demand; enhance product quality and cost-competitiveness; and strengthen the mill’s environmental performance.
The project includes an upgrade of the wood yard, fibre line, evaporation plant and paper machine. Start-up is planned for the fourth quarter of 2023.
ProVantage Powerflute®, the semi-chemical fluting produced at the mill, is a high performance and top quality container-board grade. Due to its high strength, moisture resistance and durability, it is a key component of fresh fruit and vegetable trays and boxes as well as specialized applications. Fit-for-purpose packaging plays an important role in protecting fresh produce, which is vital considering approximately a third of the world’s food is lost or wasted every year. ProVantage Powerflute® is ideally placed to meet the growing demand for paper-based fresh food packaging solutions that are sustainable by design, thereby minimizing food waste and reducing the use of unnecessary plastic.
We are pleased to continue building our portfolio of sustainable packaging to meet our customers’ needs, leveraging the opportunities offered by our integrated, cost-advantaged asset base. Andrew King, Group CEO