Mondi approves EUR125 million expansion of Finland facility
June 23, 2021
VIENNA (News release) -- Mondi PLC said Wednesday that it has approved the expansion of its semi-chemical fluting mill in Kuopio, Finland.
The FTSE 100 packaging-and-paper group said the 125 million euro ($149.3 million) investment will increase the facility's capacity by around 55,000 metric tons per year.
The project includes an upgrade of the wood yard, fiber line, evaporation plant and paper machine. Start-up is planned for the fourth quarter of 2023.
