The Mayr-Melnhof Group has reached an agreement that International Paper Holding sp. zoo ("Kwidzyn") from International Paper for around EUR 670 million and to assume additional liabilities of around EUR 33 million from usufructuary rights and operating leases according to IFRS. The acquisition of Kwidzyn is part of MM's strategy to grow in the high-quality virgin fiber board (FBB) sector with innovative, sustainable and cost-effective qualities. The planned transaction will have an immediate impact on earnings. At the integrated pulp and paper site in Poland, Kwidzyn operates a pulp mill with a capacity of around 400,000 t pa and four connected cardboard/paper machines: the core is an FBB board machine with a capacity of 260,000 t pa.

Mondi, a global leader in sustainable packaging and paper, has helped Austrian food company Handl Tyrol to wrap their bacon in an eye-catching solution that will contribute to a circular economy by keeping materials in circulation. The mono-material polypropylene (PP) film is recyclable in existing recycling streams for mixed polyolefins and keeps the bacon fresh, providing a ‘second skin’ that seals securely with both a high-barrier top and bottom film. The packaging has been designed to look like a wooden chopping board, providing instant on-shelf appeal and brand recognition. Working closely with Handl Tyrol, Mondi employed its collaborative EcoSolutions approach to ensure the packaging is best for the manufacturer, product, end user and environment. The mono-material PP packaging was also shortlisted for the Green Packaging Star Award 2022.

Mondi, a global leader in the production of sustainable packaging and paper, has successfully started up its Duino mill. This milestone further strengthens Mondi’s position as a leading producer of high-quality, sustainable packaging solutions while driving long-term value creation. Throughout the ramp-up phase, Mondi is focused on maintaining consistent production of high-quality recycled containerboard, made from 100% recovered fibre. Ideal for lightweight corrugated solutions, these containerboard paper grades support cost-efficient, fully recyclable packaging solutions for applications such as eCommerce and consumer goods packaging. "Starting up this machine on time is a fantastic achievement and a testament to the dedication and expertise of our team. With Mondi Duino now part of our integrated value chain, we are excited to serve our customers with sustainable packaging solutions from our expanded network of six containerboard mills worldwide." Markus Gärtner, CEO Mondi Corrugated Packaging