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Mondi to Invest EUR 125 Million in Its Powerflute Mill in Kuopio, Finland

Mondi Powerflute The EUR 125 million investment will increase Mondi Powerflute's production capacity by around 55,000 tonnes per year. The plant manufactures high-quality, semi-chemical fluting.

June 23, 2021 - Mondi has approved a EUR 125 million capital investment project at its semi-chemical fluting mill in Kuopio, Finland. This investment will increase the facility's capacity by around 55,000 tonnes per year 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 containerboard 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 specialised applications.

Mondi is a global leader in packaging and paper, offering innovative and sustainable packaging and paper solutions. The company is fully integrated across the packaging and paper value chain. To learn more please visit: www.mondigroup.com.

SOURCE: Mondi plc

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