12 April 2023 – Mondi has adopted a future-focused product portfolio for its Neusiedler mill in Austria and will invest to optimise the performance of the operation.
The mill will focus on the strategic growth markets of Luxury Packaging, Professional Print, and Technical & Converting Papers, while utilising the strength of its asset base to deliver high quality and diversified products.
As a result of this focused approach, one paper machine will be closed, and the capacity of the finishing lines will be streamlined. Unfortunately, the change in production capacity will inevitably have workforce implications and as such, Mondi has entered into consultations with its workforce at Neusiedler.
In addition, an investment of €20 million has been approved to increase energy efficiency at the mill and to ensure the necessary upgrades to machines, infrastructure and buildings. This investment is also in line with Mondi’s MAP2030 sustainability commitments which includes reducing greenhouse gas emissions in line with science-based targets.
About Mondi Uncoated Fine Paper
Uncoated Fine Paper is a business unit of Mondi Group. In its operating sites, Mondi Uncoated Fine Paper produces pulp and environmentally sound office and professional printing papers tailored to the latest professional digital and offset print technologies. The company complies with the strictest international certification standards to support sustainable production processes through the responsible management of forest, water and air resources. Mondi’s Green Spirit approach serves as a guide and signpost, a future-oriented and positive attitude that connects the company to its customers – making an impact together. As part of the Mondi Action Plan 2030 (MAP2030), Mondi is the first to offer an extensive uncoated fine paper portfolio as Cradle to Cradle Certified® Bronze Level meeting the high standards and demanding requirements of this certification scheme which marks the step from a linear to a circular economy.
Its renowned brands such as Color Copy, PERGRAPHICA®, NAUTILUS®, NEUJET®, IQ, MAESTRO®, BIO TOP 3®, DNS® or ROTATRIM are used in office environments on laser or inkjet printers and by professional printers on digital or offset presses to create brochures, transactional material, folders, invitations, business cards, letterheads or other high-impact communication. Converters appreciate the excellent printability and smooth handling of Mondi’s professional printing papers.
About Mondi
Mondi is a global leader in packaging and paper, contributing to a better world by making innovative solutions that are sustainable by design. Our business is integrated across the value chain – from managing forests and producing pulp, paper and films, to developing and manufacturing sustainable consumer and industrial packaging solutions using paper where possible, plastic when useful. 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 2022, Mondi had revenues of €8.9 billion and underlying EBITDA of €1.8 billion from continuing operations, and employed 22,000 people worldwide. 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).
Source: Mondi
