Mondi plans investment into Mondi SCP production site in Slovakia. According to the announcement, the project called ECO plus includes construction of a new 300ktpa Kraft top white machine and related pulp mill upgrades.
The investment is totaling some EUR 310 million (subject to the approval of tax incentives by the European Commission and necessary permits). Mondi SCP has already submitted the necessary applications for all relevant permits.
Mondi SCP is located in the city of Ružomberok. It is one of Mondi’s largest plants and is the biggest integrated mill producing paper and pulp in the Slovak Republic, with a production capacity of 560,000 tonnes of uncoated fine paper, 66,000 tonnes of packaging paper and 100,000 tonnes of market pulp.
Earlier Mondi Industrial Bags plants in North America won the Paper Shipping Sack Manufacturers’ Association (PSSMA) awards for plant safety in recognition of the “Best annual safety experience”.
About Mondi Group:
The company is an international packaging and paper group, employing around 25,000 people across more than 30 countries. Its key operations are located in central Europe, Russia, North America and South Africa. The company offers over 100 packaging and paper products, customised into more than 100,000 different solutions for customers and end consumers. In 2015, Mondi had revenues of EUR 6.8 billion and a return on capital employed of 20.5%.