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International Paper Offers USD 7.22 Billion Acquisition Deal to DS Smith, Giving Stiff Competition to Mondi

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International Paper makes an all-stock acquisition deal to DS Smith worth USD 7.22 billion, giving stiff competition to Mondi, which earlier made an all-share takeover offer worth USD 6.51 billion. Apr 3, 2024 Leading global forestry and paper company, International Paper, has made an all-stock takeover offer of 5.72 billion......
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Mondi Group Acquires 250,000 TPA Production Capacity Hinton Pulp Mill in Canada

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Mondi has agreed to acquire Hinton Pulp mill in Alberta, Canada from West Fraser Timber Company Limited for USD 5 million. The company intends to invest a further EUR 400 million, primarily in a new 200,000 tonne per annum kraft paper machine at the mill. The acquisition is expected to......
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Mondi Group Withdraws from Sale Agreement with Augment Investments Limited to Sell its Russian Entities

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Mondi Group, UK, announces its withdrawal from its sale agreement with Augment Investments Limited, UK. The agreement involved the sale of Mondi’s Joint Stock Company Mondi Syktyvkar in Russia along with two affiliated entities to Augment. Jun 5, 2023 Mondi plc, UK, confirms its withdrawal from the agreement to sell......
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Mondi Approves Investment of EUR 400 million in Kraft Paper Machine at Štětí mill, Czech Republic

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The investment in the kraft paper machine will meet the growing demand for paper-based flexible packaging. The expansion is part of Mondi’s vertically integrated Paper Bags business and is a EUR 1 billion expansionary capital investment programme for sustainable packaging. October 27, 2022 Mondi has approved a EUR 400 million......
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Mondi Accelerates Sustainable Growth Plans with EUR 280 million Investment in Corrugated Packaging

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Mondi is planning to infuse EUR 185 million across the corrugated solutions plant network and EUR 95 million at Mondi Swiecie containerboard mill. The investment is aimed at meeting the rising demand for sustainable packaging in the FMCG, eCommerce, and industrial market sectors. March 24, 2022 Mondi Group is investing......
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Mondi Frantschach Mill Orders Evaporation Plant Upgrade from ANDRITZ

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The scope of project includes two new evaporation units, a secondary surface condenser, new pumps, vapour ducts, and circulation pipes. Mondi Frantschach mill produces high-quality packaging paper, including sack kraft paper, machine-glazed specialty kraft paper, and specialty market pulp. December 29, 2021 ANDRITZ has received an order from the Mondi......
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Mondi Introduces a Range of Sustainable Corrugated Packaging Solutions

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The corrugated boxes in the eGrocery portfolio are completely recyclable and have been designed for a variety of delivery methods and styles. August 06, 2021 Mondi Group has introduced a range of corrugated packaging solutions for the online grocery market across Central Europe. Utilizing its experience in eCommerce packaging, the......
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Mondi & Unilever Develop Aluminum-Free Paper-Based Packaging for Colman’s Meal Makers

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Mondi and Unilever have jointly developed a recyclable, paper-based packaging solution for Unilever’s Colman’s brand to reduce the amount of plastic and aluminium used. July 21, 2021 Unilever, together with Mondi, a global leader in packaging and paper, have developed a new high barrier paper-based packaging material for Unilever’s Colman’s......
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Mondi Expands its Plastic-Free Ecommerce Packaging Range MailerBAG

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The MailerBAG is now available in three designs, with a flat bottom version complementing the existing range of pinch and folded bottom bags. June 29, 2021 Mondi is expanding capacity for their paper-based MailerBAG range to further replace plastic packaging in eCommerce with a recyclable solution made of responsibly sourced......
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Mondi Approves EUR 125 Million Expansion of Kuopio Mill in Finland

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The project includes an upgrade of the wood yard, fibre line, evaporation plant and paper machine. Start-up is planned for the fourth quarter of 2023. June 23, 2021 Mondi, a global leader in sustainable packaging and paper, has approved a EUR 125 million capital investment project at its semi-chemical fluting......