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  • 09 May 2022

Mondi progresses with investment in Finland

Mondi has made progress on its previously announced EUR 125m investment to expand and upgrade its Kuopio mill in Finland

One of the global leaders in sustainable packaging and paper, Mondi has made progress on its previously announced EUR 125m investment to expand and upgrade its Kuopio mill in Finland, with an expected start-up by the fourth quarter of 2023.

Regional and local officials joined Mondi’s Group CEO and other senior leaders at a ground-breaking ceremony to celebrate this significant upgrade of the semi-chemical fluting mill.

‘Thanks to the best technology available, production capacity will increase by 55,000 tones per annum, and product quality will be enhanced to serve growing customer demand better,’ commented Andrew King, CEO of Mondi Group. The long-term sustainability of the mill will also be considerably improved, further consolidating its place in the community.

‘We are delighted with the investment in the future of this competitive and cost-advantaged asset. Over 18% of Finland’s exports come from the forestry and paper industry, and we are proud to be a growing part of that,’ added Juha Koukka, managing director of Mondi Kuopio. ‘Our site provides jobs for 240 people – value-added jobs involving a wide range of skills and with the potential for upward mobility.’

The investment in Kuopio improves Mondi’s local environmental performance and contributes to the group’s plans to take action on climate as part of its MAP2030 sustainability commitments. The equipment and process improvements will reduce noise and odor emissions as well as effluent emissions per unit of production. It will also mitigate wood loss in processing, boost energy efficiency and enhance occupational safety.

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