Mondi buys Canadian mill, teases new PaperBarrier range
Packaging and paper manufacturer Mondi has agreed to buy a 250,000 tonne pulp mill in Alberta, Canada, to serve its American production facilities.
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Packaging and paper manufacturer Mondi has agreed to buy a 250,000 tonne pulp mill in Alberta, Canada, to serve its American production facilities.
Mondi, a global leader in packaging and paper, is investing €16 million in new technology to produce a new packaging range called FunctionalBarrier Paper Ultimate. This ultra-high barrier paper-based solution for food meets growing customer demand for sustainable packaging that contributes to a circular economy.
According to Mondi, the European pet food market has grown significantly in recent years, driven by a consistent rise in pet ownership. This trend increased during the COVID-19 pandemic and is expected to continue for many years. This project is part of Mondi’s previously announced EUR 1 billion expansionary capital investment program to accelerate growth in sustainable