Mondi says it is paying US$5 million for the mill and plans invest 400 million euros to expand the facility.
It plans to add a 200,000-tonne-per-year kraft paper machine that it expects to be operational in the second half of 2027.Mondi Group CEO Andrew King says the acquisition is an excellent opportunity for the company to secure locally produced kraft paper for its customers.This report by The Canadian Press was first published July 10, 2023.
Source: News Formal (newsformal.com)
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