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Mondi plans €125m upgrade to Finland mill

By Frank Prenesti

Date: Wednesday 23 Jun 2021

(Sharecast News) - Paper and packaging maker Mondi said it has approved a €125m investment project to upgrade its semi-chemical fluting mill in Kuopio, Finland.
The investment will increase the facility's capacity by around 55 thousand tonnes per annum to meet growing customer demand; enhance product quality and cost-competitiveness; and strengthen the mill's environmental performance, Mondo said on Wednesday.

The project includes an upgrade of the wood yard, fibre line, evaporation plant and paper machine. Start-up is planned for the fourth quarter of 2023.

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