{"id":6670,"date":"2022-10-20T16:22:36","date_gmt":"2022-10-20T16:22:36","guid":{"rendered":"https:\/\/cpmirror.com\/?p=6670"},"modified":"2022-10-20T16:22:36","modified_gmt":"2022-10-20T16:22:36","slug":"mondi-approves-e400-million-investment-in-new-kraft-paper-machine-at-steti-mill-czech-republic","status":"publish","type":"post","link":"https:\/\/cpmirror.com\/index.php\/2022\/10\/20\/mondi-approves-e400-million-investment-in-new-kraft-paper-machine-at-steti-mill-czech-republic\/","title":{"rendered":"Mondi approves \u20ac400 million investment in new kraft paper machine at \u0160t\u011bt\u00ed mill (Czech Republic)"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li><strong>New 210,000 tonnes per year kraft paper machine will meet the growing demand for paper-based flexible packaging<\/strong><\/li><li><strong>Investment supports growth of Mondi\u2019s vertically integrated Paper Bags business<\/strong><\/li><li><strong>Forms part of Mondi\u2019s ambitious, previously announced \u20ac1 billion expansionary capital investment programme to accelerate growth in sustainable packaging<\/strong><\/li><\/ul>\n\n\n\n<p>Mondi, a global leader in sustainable packaging and paper, has announced the approval of a \u20ac400 million investment in a new paper machine at its flagship\u00a0<a href=\"https:\/\/www.mondigroup.com\/en\/about-mondi\/where-we-operate\/?country=6026\">\u0160t\u011bt\u00ed<\/a>\u00a0mill in the Czech Republic. The investment forms part of the Group\u2019s \u20ac1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen Mondi\u2019s leading position in the market.<\/p>\n\n\n\n<p>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\u2019s 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\u2019s 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.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p>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.<\/p><\/blockquote><\/figure>\n\n\n\n<p><strong>Thomas Ott, CEO Flexible Packaging, Mondi<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New 210,000 tonnes per year kraft paper machine will meet the growing demand for paper-based flexible packaging Investment supports growth of Mondi\u2019s vertically integrated Paper Bags business Forms part of Mondi\u2019s ambitious, previously announced \u20ac1 billion expansionary capital investment programme to accelerate growth in sustainable packaging Mondi, a global leader in sustainable packaging and paper,<\/p>\n","protected":false},"author":1,"featured_media":6671,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[85],"class_list":{"0":"post-6670","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-flexible-packaging","8":"tag-mondi"},"_links":{"self":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/6670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=6670"}],"version-history":[{"count":1,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/6670\/revisions"}],"predecessor-version":[{"id":6672,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/6670\/revisions\/6672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media\/6671"}],"wp:attachment":[{"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=6670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=6670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cpmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=6670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}