Mondi has announced approval for a €400m investment in new kraft paper machine at Štětí mill.
The paper machine will have an output capacity of 210,000 tpy of kraft paper and will cost the company about €400m. Mondi says that start-up of the new kraft paper machine at its Štĕtí mill in the Czech Republic is planned in 2025 with full production ramp-up expected by 2027.
The investment forms part of the Group’s €1bn "expansionary capital investment programme" aimed at accelarating the company's growth and strengthening its position in paper-based packaging markets.
