MONDI
R&D centre for flexible packaging opens in Germany / New extrusion line in the Czech Republic
— By Plasteurope.com staff —
Austrian packaging and paper producer Mondi (Vienna; www.mondigroup.com) has announced the opening of a research and development centre in Steinfeld, Germany, geared at flexible packaging solutions.
Austrian packaging and paper producer Mondi (Vienna; www.mondigroup.com) has announced the opening of a research and development centre in Steinfeld, Germany, geared at flexible packaging solutions.
 Mondi’s new development centre in Steinfeld, Germany (Photo: diefirma – Isabel Schaefer) |
Called FlexStudios, the innovation hub is located near a production plant. Its 2,300 m² contain an R&D area, laboratory and testing facilities, as well as pilot lines to develop and demonstrate product performance.
With its new centre, Mondi said it is aiming for a close collaboration with customers and less time-to-market for new solutions.
Related: Mondi and traceless team up to test alternative paper coating
A company spokesperson told Plasteurope.com this was the first such innovation centre for Mondi’s flexible packaging, but declined to disclose how much the company invested in the hub.
Expansion of barrier and coated paper production
To meet the growing demand for sustainable packaging solutions, in different news, Mondi has announced the start-up of its new extrusion line at Mondi Coating Štĕti in the Czech Republic. The line is part of a wider investment that includes a production building with machinery for coating and slitting, among others.
The investment expands the production of FunctionalBarrier Paper and other high-quality coated paper. Applications range from food- and non-food-contact packaging to industrial solutions, such as case linings for solid board and barrier liners for corrugated case materials. The packaging company did not give any details about investment costs and the additional production capacity.
In H1 2024, Mondi reported sales of EUR 3.7 bn, down 3.6% against H1 2023, and an underlying EBITDA of EUR 565 mn from continuing operations, a 17% decline compared with 2023. In an update on trading for the three months to 30 September 2024, the company said underlying EBITDA for Q3 was lower than the previous quarter, at EUR 223 mn (EUR 351 mn in Q2 2024). The decline was primarily due to more planned maintenance shutdowns and a forestry fair value loss, in addition to softer seasonal demand and higher input costs.
The investment expands the production of FunctionalBarrier Paper and other high-quality coated paper. Applications range from food- and non-food-contact packaging to industrial solutions, such as case linings for solid board and barrier liners for corrugated case materials. The packaging company did not give any details about investment costs and the additional production capacity.
In H1 2024, Mondi reported sales of EUR 3.7 bn, down 3.6% against H1 2023, and an underlying EBITDA of EUR 565 mn from continuing operations, a 17% decline compared with 2023. In an update on trading for the three months to 30 September 2024, the company said underlying EBITDA for Q3 was lower than the previous quarter, at EUR 223 mn (EUR 351 mn in Q2 2024). The decline was primarily due to more planned maintenance shutdowns and a forestry fair value loss, in addition to softer seasonal demand and higher input costs.
21.11.2024 Plasteurope.com [256640-0]
Published on 21.11.2024
German version of this article...