Nordisk Papper & Massa 1
NEWS IN ENGLISH BY SIMON MATTHIS MONDI TO ACQUIRE
DUINO MILL MONDI HAS AGREED to acquire the Duino mill near Trieste (Italy) from the Burgo Group for a total consideration of €40 million. The mill currently operates one paper machine producing lightweight coated mechanical paper. Mondi plans to convert this paper machine to produce around 420,000 tonnes per annum of high-quality recycled containerboard for an estimated investment of around €200 million. Close to two important export harbours, Duino is ideally located to supply the Group’s Corrugated Solutions plants in Central Europe and Turkey as well as to serve the growing local Italian market. The containerboard machine will strengthen backward integration in Corrugated Packaging and provide us with security of supply to better serve our customers. Commenting on the acquisition, Andrew King, Group CEO of Mondi, said: “We are excited by this opportunity to invest in the growth of our packaging business, build on our integrated platform and broaden our photo: Mondi geographic reach.” The acquisition is subject to competition clearance and other closing conditions and completion is expected in the second half of the year. u Polish cardboard packaging maker OPENS NEW FACTORY BY JAROSLAW ADAMOWSKI NEW PLANT launched Polish cardboard packaging maker Janmar Centrum has opened a new production facility in Stryków, in the country’s central part, as part of a project designed to boost the company’s manufacturing capacities. Located within the Segro Logistics Park Stryków, the new factory was fitted with a total surface of some 7,300 square metres, according to the information obtained by local news site Investmap.pl. Set up in 2000, Janmar Centrum is operated by an aggregate workforce of some 260 employees. The Polish manufacturer processes about 170 million square metres of cardboard per year. The value of the latest investment in Stryków Photo by janmar centrum 72 NORDISK PAPPER & MASSA 4 2022 was not disclosed. Janmar Centrum says the company supplies its output to entities from a wide range of sectors. These include customers from the automotive, electronics, furniture, machine, as well as home appliances industries, among others, according to data from the Polish business. u