MM Karton is investing over EUR 100 million in the Frohnleiten cartonboard site
December 4, 2020
AUSTRIA (News release) -- "This is the largest investment that the MM Group has ever made in Austria", describes MM CEO MMag. Peter Oswald describes the comprehensive renovation and expansion program for the Austrian MM Karton mill in Frohnleiten in the years 2021-2022 Million euros are invested in sustainability, digitization and capacity expansion to secure the future using the latest technologies.
Innovative, fully digitized processes will significantly increase the efficiency of waste paper processing and at the same time reduce the specific consumption of energy and water. The latest production technologies in cardboard manufacture increase product quality and capacities as a prerequisite for further uses of recycled cardboard, for example as a substitute for plastic. Highly automated logistics will significantly accelerate the movement of goods.
"The circular economy is an integral part of the business activities of the MM Group, technology leadership and sustainability are an essential part of our long-term success concept. The historic major investment in the Frohnleiten plant is a "triple win". It not only creates new sales opportunities and an improvement in the ecological footprint for water, energy and emissions, but also makes a significant contribution to securing jobs and training positions at the site. Environmentally friendly packaging solutions are in vogue - thanks to the extensive technological innovations, MM Karton Frohnleiten ensures the sustainable coverage of the growing demand with attractive added value for the location and the region, "summarizes CEO MMag. Peter Oswald summarized the extensive importance of the investment.
The MM Group is Europe's largest cardboard and folding box producer. More than 1.7 million tons of cardboard are produced annually, a third of which with around 570 employees at the Austrian cardboard site in Frohnleiten. The MM Group employs around 10,000 people worldwide, around 1,800 of them in Austria.
