VIENNA, Austria, Sept. 13, 2013 (Press Release) - A brand new recovery boiler in Mondi Frantschach, Austria, started its working life this morning. The 60 million euro green investment in the power plant was launched at an opening ceremony attended by around 500 people.
"Today is an important milestone for Mondi in Austria. We are the proud owners of one the most sophisticated recovery boilers in our industry and this makes us greener and more competitive. By using wood to make paper, before burning it to create energy, we are following ecologically established cascading usage principle which also creates five times more value and seven times more jobs. The investment is another example of us ensuring that wood, our key resource, is being used in the correct order", says Peter J Oswald, CEO Mondi Europe International.
The new recovery boiler will be known as RB4 and replaces the two existing units which were installed in the 1950s and 1970s. It allows the mill to greatly reduce its carbon footprint with 96 percent of Frantschach's electrical energy needs now coming from renewable sources. The boiler will operate on biogenic fuel produced during the paper production process.
Andritz and Porr were responsible for construction and the project was finalised on time and in budget.
About Mondi Kraft Paper
Mondi Kraft Paper, a Business Segment of the Europe International Division, is the leading European supplier of kraft papers and bleached as well as unbleached market pulp. The Business Segment operates six production sites and offers high-quality paper grades. The focus is on excellent runnability as well as printability, optimised converting machine productivity and customised packaging features. Mondi Kraft Paper invests in innovative research facilities and cutting edge technology. Its commitment is reflected in its investments in the RD Innovation, the Bag Application Centres and the recently opened food safety laboratory, where packaging solutions are developed and tested in close cooperation with customers.
Mondi is an international packaging and paper Group, with production operations across 30 countries and revenues of €5.8 billion in 2012. The Group's key operations are located in central Europe, Russia, the Americas and South Africa and as at the end of 2012, Mondi employed 25,700 people.
Mondi Group is fully integrated across the packaging and paper value chain, from the growing of wood and the production of pulp and paper (packaging paper and uncoated fine paper), to the conversion of packaging paper into corrugated packaging, industrial bags, extrusion coatings and release liner. Mondi is also a supplier of innovative consumer packaging solutions, advanced films and hygiene products components.
Mondi Group has a dual listed company structure, with a primary listing on the JSE Limited for Mondi Limited under the ticker code MND and a premium listing on the London Stock Exchange for Mondi plc, under the ticker code MNDI. The Group has been recognised for its sustainability through its inclusion in the FTSE4Good Global, European and UK Index Series (since 2008) and the JSE's Socially Responsible Investment (SRI) Index since 2007. The Group was also included in the Carbon Disclosure Project's (CDP) Carbon Disclosure Leadership Index for the third year and in CDP's Carbon Performance Leadership Index (CPLI) for the first time in 2012.