- LONDON, Aug. 20, 2019 (Press Release) -
- Four weeks planned maintenance starting end of August as part of previously announced €340 million investment upgrade to mill
- New 300,000 tonne per annum kraft top white machine to arrive in 2020
Mondi SCP’s pulp and paper mill based in Ružomberok will start its planned annual maintenance of machinery equipment on 31 August 2019. The temporary closure will last approximately four weeks.
The annual maintenance is longer than in previous years due to a previously announced €340 million investment to the mill including preparation for a new 300,000 tonne per annum kraft top white machine which will arrive in 2020.
“As part of our €340 million investment in this mill and introduction of a new kraft top white machine in 2020, we have scheduled our annual maintenance upgrade of the mill to take place at the end of August. We anticipate this will last approximately four weeks. The health and safety of all of our employees and contractors is of paramount importance to us and we will ensure the necessary safety measures are in place during this annual maintenance upgrade,” said Bernhard Peschek, Managing Director at Mondi SCP.
Mondi is a global leader in packaging and paper, delighting its customers and consumers with innovative packaging and paper solutions that are sustainable by design. 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 premium listing on the London Stock Exchange (MNDI), and a secondary listing on the JSE Limited (MNP), quoted in rand. 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.
About ECO-INVESTMENT a.s.
ECO-INVESTMENT a.s. is a Czech and Slovak investment holding covering long-term investments across Europe. Its main areas of investments are pulp and paper production, energy, meat processing, real estate and telecommunications. Since its beginnings, the holding is present in various charity projects in healthcare, education, culture and sport.