19 Nov 2024
Mondi starts up new extrusion line at Štĕtí to meet the growing demand for sustainable packaging solutions
- Start-up of new extrusion line leads to a significant increase in production capacity of recyclable FunctionalBarrier Papers and other high quality coated papers
- Investment includes an extrusion line, new production building and state-of-the-art coating and slitting machinery
- Provides customers with paper-based solutions featuring specialised barrier properties for a range of industries from food to FMCG, eCommerce and industrial applications
19 November 2024 – Mondi, a global leader in sustainable packaging and paper, has announced the start-up of its new extrusion line at Mondi Coating Štĕti (Czech Republic), marking another milestone in the Group’s commitment to support customers in their transition to sustainable solutions.
The extrusion line is part of a wider investment that includes a new production building with state-of-the-art machinery including coating and slitting capabilities. The investment expands the production of FunctionalBarrier Papers and other high quality coated papers, offering paper-based solutions with customised barrier properties. Applications range from food and non-food contact packaging to industrial solutions, such as case linings for solid board and barrier liners for corrugated case materials. As part of Mondi’s re/cycle portfolio, the innovative range of FunctionalBarrier Papers offers solutions that can be recycled in existing paper waste streams across Europe.
Marko Schuster, COO Functional Paper & Films, Mondi, says: “The start-up of our new extrusion line at Štětí reflects Mondi’s commitment to helping customers on their sustainability journey. It further contributes to meeting our own MAP2030 commitments by designing innovative packaging and paper solutions that keep materials in circulation and avoid waste. We are excited to continue collaborating closely with our customers and contributing to a circular economy.”
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About Mondi
Mondi is a global leader in packaging and paper, contributing to a better world by producing products that are sustainable by design. We employ 22,000 people in more than 30 countries and operate an integrated business with expertise spanning the entire value chain, enabling us to offer our customers a broad range of innovative solutions for consumer and industrial end-use applications. Sustainability is at the centre of our strategy, with our ambitious commitments to 2030 focused on circular driven solutions, created by empowered people, taking action on climate.
In 2023, Mondi had revenues of €7.3 billion and underlying EBITDA of €1.2 billion. Mondi has a premium listing on the London Stock Exchange (MNDI), where the Group is a FTSE100 constituent, and also has a secondary listing on the JSE Limited (MNP).
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