Mondi to Invest $30 Million to Install New Corrugator at Bupak Facility in Czech Republic
Nov. 29, 2018 - Mondi announced plans to invest EUR 30 million at its corrugated packaging facility in Bupak, Czech Republic to install a new state-of-the-art corrugator.
“The digital transformation is rapidly changing society, and the way we consume," said Armand Schoonbrood, COO Mondi Corrugated Packaging. "The rise of e-commerce in particular has radically transformed the packaging industry. Driven by a growing consumer demand, the competitive Czech market calls for a strong footprint in corrugated packaging. After investing in our Central and Eastern European facilities Mondi Świecie and Mondi Simet in the recent past, the expansion of our Czech capabilities is simply the next logical step."
Mondi said the investment will double the plant's production capacity, aiming to produce over 200 million sq. meters of corrugated board per year.
Start-up of the new corrugator is expected in 2020.
Mondi Corrugated Packaging is a business segment of Mondi Group and a leading supplier of corrugated packaging in Europe, with strong focus on Central and South-East Europe.
Mondi is a global leader in packaging and paper, providing consumers with innovative and sustainable packaging and paper solutions. To learn more please visit: www.mondigroup.com.
SOURCE: Mondi Group