VIENNA, Austria, July 24, 2020 (Press Release) -
- Mondi Syktyvkar successfully completes a major step in the modernisation of its state of the art power plant, with a capital investment of around €135 million
- The investment in the power plant, including a new bark boiler, new steam turbine and upgrade of power distribution network, further improves the environmental performance of the mill
- This investment supports Mondi's ambition to transition to a low-carbon economy and reduces the mill's CO2 footprint by more than 200 000 tonnes annually – equating to c.4% reduction of CO2 for the entire Mondi Group
Mondi Syktyvkar, part of Mondi Group, a global leader in packaging and paper, has successfully completed a major step in the modernisation of its power plant, with the installation of a new bark boiler.
Mondi Syktyvkar worked with Valmet as main equipment supplier to execute this transformation. This project will allow the plant to significantly improve its environmental performance and to decrease greenhouse gas emissions.
“The power plant is a key part of the mill infrastructure. It also provides over 15% of electric energy demand within the Komi Republic and is a single heating source for the Ezhva district with a population of 60,000 people. Through significant investment and efforts of a highly professional team we have installed a state of the art power plant which will ensure stable generation of heat and electric energy for the mill and the surrounding region, and reduce the overall environmental footprint of the mill as we move towards a low-carbon economy,” said Klaus Peller, Managing Director of Mondi Syktyvkar.
About Mondi Syktyvkar
Mondi Syktyvkar is a part of Mondi Uncoated Fine Paper. The mill is one of the leaders in pulp and paper industry in Russia. The company’s core business is the production of office and offset paper. It also produces newsprint, containerboard and market pulp. The most important brand of the company is the office paper “Snegurochka”.
About Mondi Uncoated Fine Paper
Mondi Uncoated Fine Paper is a business unit of Mondi Group. In 6 operating sites in Austria, Slovakia, Russia, and South Africa, 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. All Mondi uncoated fine papers belong to the Green Range of papers that are FSC or PEFC certified, 100% recycled or bleached entirely without chlorine. Its renowned brands such as Color Copy, DNS, IQ, MAESTRO, NAUTILUS, BIO TOP 3, PERGRAPHICA, NEUJET, Snegurochka 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.
Mondi is a global leader in packaging and paper, contributing to a better world by making innovative packaging and paper solutions that are sustainable by design. Our business is fully integrated across the value chain – from managing forests and producing pulp, paper and plastic films to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is at the centre of our strategy and intrinsic in the way we do business. We lead the industry with our customer- centric approach, EcoSolutions, where we ask the right questions to find the most sustainable solution. In 2019, Mondi had revenues of €7.27 billion and underlying EBITDA of €1.66 billion.
Mondi has a premium listing on the London Stock Exchange (MNDI), and a secondary listing on the JSE Limited (MNP). 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.