July 20, 2022 - Mondi is investing nearly EUR 65 million in three Consumer Flexibles packaging plants in Europe in order to meet growing customer demand for sustainable pet food packaging solutions.
According to Mondi, the European pet food market has grown significantly in recent years, driven by a consistent rise in pet ownership. This trend increased during the COVID-19 pandemic and is expected to continue for many years to come.
This project is part of Mondi's previously announced EUR 1 billion expansionary capital investment programme to accelerate growth in sustainable packaging.
Work has already started at Mondi Korneuburg (Austria) and includes investments in new machinery and equipment as well as an expanded production area. These changes will lead to a capacity increase.
The group is also investing in new, advanced machinery at Mondi Halle and Mondi Steinfeld in Germany, to increase production capacity of sustainable pre-made bag solutions for pet food, as well as home and personal care. This will enable future growth and support customers to switch from multi-layer, non-recyclable packaging to more sustainable alternatives such as mono-material recyclable stand-up pouches and paper-based pre-made bags, the company said.
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, visit: www.mondigroup.com.
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