VIENNA, Austria, May 2, 2019 (Press Release) -Mondi Corrugated Packaging has unveiled further investment plans boosting its unique Heavy Duty corrugated portfolio - a product range serving key industries in the German economy with sustainable packaging and logistic solutions. Mondi’s innovative corrugated packaging replaces formerly used transport containers made of solid wood or metal and offers remarkable benefits to further reduce environmental footprint.
In total, some €30 million will be invested in Mondi’s award-winning Ansbach facility in Southern Germany, including the installation of a state-of-the-art corrugator, scheduled for completion in 2020. It will enable the company to broaden its product portfolio to service further export areas, enhance product quality and foster innovation. The investment will increase the plant’s production capacity per year by a clear double-digit percentage.
“We want to extend our position as innovation leader in our industry, by broadening our portfolio in the Heavy Duty corrugated board segment,” said Armand Schoonbrood, COO Mondi Corrugated Packaging. “Going forward, we believe that applications for bulky goods in the building industry, agricultural sector and e-commerce, show good prospects in terms of the use and demand for sustainable corrugated packaging solutions.”
Mondi corrugated boxes can transport up to 20 car bonnets at a time and handle up to 1000kg weight when shipping engines or gear units.The triple-wall corrugated board boxes, replace former packaging materials like wood (wooden crates) or metal packaging as a cost effective and environmentally friendly alternative.
“The German economy is highly export-oriented”, continued Schoonbrood,. “Our customers come from a wide variety of industries, from automotive and component manufacturing, to OEMs, chemical and electrical polymer processing and mechanical engineering. They distribute products throughout Germany and all around the world and are key to a strong and successful German economy. Many of them are located in the South of Germany, close to the Ansbach plant.
Julia Madeleine Rohracher
Communication Manager, Corrugated Packaging
Tel: +43 1 790 13 4640
Fax: +43 1 790 13 976
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About Mondi Corrugated Packaging
Mondi Corrugated Packaging is a leading supplier of corrugated packaging in Europe, with strong focus on Central and South-East Europe. In 2019 the business won seven WorldStar Awards for innovation, to add to five won in 2018, more than any other company worldwide. Through a network of 16 plants Mondi Corrugated Packaging provides innovative design and state-of-the-art printing and gluing technology. The packaging types range from standard transit cases and heavy duty containers to upscale consumer displays. They are applied as shelf- or retail-ready solutions, transport cases or large containers when shipping FMCG's, perishables, industrial and dangerous goods as well as other products.
Mondi is a global leader in packaging and paper, delighting its customers and consumers with innovative and sustainable packaging and paper solutions. Mondi is fully integrated across the packaging and paper value chain - from managing forests and producing pulp, paper and plastic films, to developing and manufacturing effective industrial and consumer packaging solutions. Sustainability is embedded in everything Mondi does. In 2018, Mondi had revenues of €7.48 billion and underlying EBITDA of €1.76 billion.
Mondi has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker MND, and a premium listing on the London Stock Exchange for Mondi plc, under the ticker MNDI. 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.