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21st Austria weekly - Mayr-Melnhof Andritz ams Osram 20/11/2023 [pic1]Mayr-Melnhof: Due to uncompetitive wood prices from the Polish State Forests’ monopoly and low market demand across paper board products cartonboard group Mayr-Melnhof decided significantly reduce planned multiannual strategic investment project at MM Kwidzyn relating energy further pulp integration product range which was announced end of April 2023. Instead will focus its investments on increasing already high share renewable energy currently 69 % even further. In addition company has entered in consultati...

Due to uncompetitive wood prices from the Polish State Forests’ monopoly and low market demand across paper and board products, the company decided to significantly reduce the planned multiannual strategic investment project at MM Kwidzyn relating to energy, further pulp integration and the product range, which was announced end of April 2023. Instead, MM Kwidzyn will focus its investments on increasing its already high share of renewable energy of currently 69 % even further.

EQS-Ad-hoc: Mayr-Melnhof Karton AG / Key word: Miscellaneous Mayr-Melnhof Karton AG: Reduction of strategic investment and increase in share of renewable energy at MM Kwidzyn,...

EQSAdhoc MayrMelnhof Karton AG Key word Miscellaneous MayrMelnhof Karton AG Reduction of strategic investment and increase in share of renewable energy at MM Kwidzyn Poland 20Nov2023 1227 CETCEST Dis

Poland's ruling coalition suggest that the EU was going to change the law in a way that it allowed Brussels to claim the total control over Polish forests.