Home News Industry News Mondi Group completes the sale of Pine Bluff mill (US)

Mondi Group completes the sale of Pine Bluff mill (US)

London, 1 June 2018 – Further to the announcement made on 4 April 2018, Mondi confirms that all customary closing conditions have been satisfied and it has completed the sale of its flat sack kraft paper mill in Pine Bluff, Arkansas, USA, to Twin Rivers Paper Company LLC.

Mondi continues to focus on strengthening its leading industrial bags position in North America.

About Mondi

Mondi is a global leader in packaging and paper, delighting its customers and consumers with innovative and sustainable packaging and paper solutions. Mondi is fully integrated across the packaging and paper value chain – from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is embedded in everything Mondi does. In 2017, Mondi had revenues of €7.10 billion and underlying EBITDA of €1.44 billion.

Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker MND, and a premium listing on the London Stock Exchange for Mondi plc, under the ticker MNDI. Mondi is a FTSE 100 constituent, and has been included in the FTSE4Good Index Series since 2008 and the FTSE/JSE Responsible Investment Index Series since 2007.

Source: Mondi

 
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