Mondi investing in new kraft top white machine in Slovakia
October 15, 2018
Ruzomberok, Slovakia (News release) -- Mondi is proceeding with the investment in a new 300,000 tonne per year kraft top white machine at Ruzomberok, Slovakia, with start-up expected toward the end of 2020.
The machine will produce a new and unique environmentally sound containerboard grade, kraft top white, which combines the strength, printability and appearance benefits of a white virgin fibre top layer with the economic advantages of a recycled fibre bottom layer. The related pulp mill upgrade at the same site is progressing according to plan with start-up expected in late 2019. This upgrade will debottleneck pulp production by 100,000 tonnes per year, which will be integrated into the containerboard production once the new machine ramps up.
The total project cost has been revised to Euro 340 million (up from Euro 310 million), as a result of refinements to the machine's technical concept and higher construction costs since the project was initially scoped. Group capital expenditure continues to be in line with its previous estimate of Euro 700-800 million per year in 2018 and 2019.
