Mondi Moves Forward with EUR 340 Million Containerboard Machine Project at Mill in Ruzomberok
The 300,000 tpy machine at Mondi SCP in Ruzomberok will produce a new containerboard grade, kraft top white, which combines the strength, printability and appearance benefits of a white virgin fibre top layer with the economic advantages of a recycled fibre bottom layer.
Oct. 16, 2018 (Press Release) - Having recently obtained the necessary permitting, Mondi is proceeding with the investment in a new 300,000 tonne per annum kraft top white machine at Ruzomberok (Slovakia) [Mondi SCP], with start-up expected towards the end of 2020.
Commenting on the project, Mondi Group CEO Peter Oswald said, “This investment provides an exciting opportunity for Mondi to leverage our cost advantaged mill in Slovakia to complement our portfolio and serve a growing market with innovative and sustainable containerboard solutions.”
The machine will produce a new and unique environmentally sound containerboard grade, kraft top white, which combines the strength, printability and appearance benefits of a white virgin fibre top layer with the economic advantages of a recycled fibre bottom layer. Its access to integrated bleached hardwood pulp production, scale and location benefits due to its brownfield nature will provide this machine a cost advantage difficult to replicate.
Kraft top white will target the growing white top liner markets for applications such as shelf-ready packaging, point of sale displays, customised packaging, e-commerce, consumer durables and other specialised applications.
The related pulp mill upgrade at the same site is progressing according to plan with start-up expected in late 2019. This upgrade will debottleneck pulp production by 100,000 tonnes per annum, which will be integrated into the containerboard production once the new machine ramps up.
The total project cost has been revised to EUR 340 million (up from EUR 310 million), as a result of refinements to the machine's technical concept and higher construction costs since the project was initially scoped. Group capital expenditure continues to be in line with our previous estimate of EUR 700-800 million per annum in 2018 and 2019.
About Mondi SCP
Mondi SCP in Ruzomberok is one of Mondi's largest plants and is the biggest integrated mill producing paper and pulp in the Slovak Republic, with a production capacity of 560,000 tonnes of uncoated fine paper, 66,000 tonnes of packaging paper and 100,000 tonnes of market pulp. The mill operates 4 paper machines: PM 1, PM 16, PM 17, and PM 18. The mill recently started up a new recovery boiler, making the mill 100% energy self-sufficient with over 94% of its energy coming from renewable resources.
Mondi is an international packaging and paper group. The group operates as two divisions: Europe & International, and South Africa. To learn more please visit: www.mondigroup.com.
SOURCE: Mondi Group