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Sun, Sep 26, 2021 18:25
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Mondi approves EUR125 million expansion of Finland facility

VIENNA (News release) -- Mondi PLC said Wednesday that it has approved the expansion of its semi-chemical fluting mill in Kuopio, Finland.

The FTSE 100 packaging-and-paper group said the 125 million euro ($149.3 million) investment will increase the facility's capacity by around 55,000 metric tons per year.

The project includes an upgrade of the wood yard, fiber line, evaporation plant and paper machine. Start-up is planned for the fourth quarter of 2023.

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