Mondi will focus on optimization of the performance of its Neusiedler mill in Austria. The mill will focus on the strategic growth markets of Luxury Packaging, Professional Print, and Technical & Converting Papers, while utilising the strength of its asset base to deliver high quality and diversified products.
As a result of the new approach, one paper machine will be closed, and the capacity of the finishing lines will be streamlined.
In addition, an investment of €20 million has been approved to increase energy efficiency at the mill and to ensure the necessary upgrades to machines, infrastructure and buildings. This investment is also in line with Mondi’s MAP2030 sustainability commitments which includes reducing greenhouse gas emissions in line with science-based targets.