Mondi Holds Groundbreaking Ceremony for New Recycled Containerboard Machine in Duino, Italy

"We are excited about the progress of the Duino investment project and the opportunity this provides our growing packaging business." – Andrew King, CEO of Mondi Group.

May 23, 2024 - Mondi today held a groundbreaking ceremony in Duino, Italy, laying the cornerstone on its EUR 200 million investment in the mill acquired in January 2023. The facility's existing paper machine is being converted into a high-quality recycled containerboard machine.

Mondi in mid-January 2023 completed the acquisition of the Duino paper mill near Trieste (Italy) from the Burgo Group for EUR 40 million. At that time, Mondi announced plans to invest EUR 200 million to convert the mill's paper machine from the production of lightweight coated mechanical paper to high-quality recycled containerboard.

Once fully operational, the converted machine will have the capacity to produce 420,000 tonnes per year of recycled containerboard and will be Mondi's widest recycled paper machine at 8.5 meters.

Where possible, the mill will source materials locally in order to contribute to the local economy, reduce greenhouse gas emissions through shorter transport distances and strengthen supply chain resilience, the company said.

"We are excited about the progress of the Duino investment project and the opportunity this provides our growing packaging business," says Andrew King, CEO of Mondi Group. "This containerboard machine will strengthen our backward integration and provide us with security of supply to better serve our customers."

Markus Gärtner, CEO Mondi Corrugated Packaging, commented, "Our investment in Duino allows us to meet the increasing demand for sustainable solutions across Central Europe, the Mediterranean area, and the local Italian market. The project team is currently preparing for the upcoming construction works, with a new recycled fibre plant, wastewater treatment plant and the associated infrastructure and warehousing."

Start-up of the new machine is expected in 2025.

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.

SOURCE: Mondi