
Displaying items by tag: Mondi
Egypt: Mondi has acquired the paper bag converting lines from National Bag and Egypt Sack, two subsidiaries of Lafarge Cement Egypt, for an undisclosed sum. The production lines will increase Mondi’s capacity by around 150 – 180m bags/yr and strengthen its position in the Egyptian paper bag market. Local subsidiary Mondi Paper Bags already operates two plants in Egypt and with this acquisition will become a key supplier of paper bags to Lafarge Cement Egypt.
Claudio Fedalto, the chief operating officer of Mondi Paper Bags, said “We are excited to have signed a long-term supply agreement with Lafarge Cement Egypt and to servicing them locally in Egypt. The collaboration will offer Lafarge access to our latest innovations, industry expertise, strong plant network and customer service.”
Mondi continues to operate paper plants in Russia
15 March 2022Russia: Austria-based Mondi says it is continuing to operate a paper mill and three paper converting plants in Russia. All the units serve the local market. The company said that its operations in Russia represented around 12% of the group’s revenue by location of production in 2021 and, over the last three years, generated around 20% of the group’s underlying earnings before interest, taxation, depreciation and amortisation (EBITDA). Mondi has operated in Russia for over 22 years.
Mondi operates across more than 30 countries. It reported revenue of Euro7.7bn and underlying EBITDA of Euro1.5 billion in 2021. It produces paper and packaging products including bags for industrial products such as cement.
Mondi to open paper bags plant in Colombia in January 2021
02 December 2020Colombia: Austria-based Mondi Group plans to open its first South American paper bags plant in Cartagena in January 2021. The unit will start with one production line with a capacity of approximately 50m bags/yr. The bags will be targeted at the cement, chemical and food industries. The group said that the plant is located in a free-trade zone with good access to ports in Panama, the east coast of the US, the Gulf of Mexico and other Caribbean ports.
"Our global network already includes 39 plants across 22 countries. We are excited to be expanding our footprint to Colombia, helping us to provide innovative, sustainable and customer-focused paper packaging solutions to customers in South America who share our commitment to quality," said Claudio Fedalto, Chief Operating Officer Paper Bags, Mondi.
Adelaide Brighton adopts Mondi water-resistant cement bags
02 October 2020Australia: Adelaide Brighton says that it has begun bagging its cement in water-resistant bags developed in partnership with packaging supplier Mondi, which supplied its Advantage Protect White water-resistant sack kraft paper product, and local bagging solutions provider Pope Packaging.
Adelaide Brighton is promoting the high tensile strength and water repellent surface of the bags, which it says can withstand rain for up to six hours and exposure to damp for 120 hours, earning them the nickname ’rain barriers.’ The company said, “After being actively involved in testing and developing the new product, Adelaide Brighton is the first business in the country to market the new innovative product. We are in the process of converting all of our cement and hydrated lime paper bags, manufactured in South Australia and the Northern Territory, across to rain barrier bags.”
Mondi Paper Bags acquires cement bag plants and secures Helwan Cement and InterCement supply contracts.
29 July 2020Egypt: Austria-based Mondi Group subsidiary Mondi Paper Bags has announced its acquisition of two cement bag plants, the Helwan Cement bag plant and InterCement bag plant, with a combined capacity of 60m – 80m bags/yr. As a result, Mondi Paper Bags will now meet the bagging needs of both cement producers.
Chief executive officer (CEO) Claudio Fedalto said, “These collaborations will offer Helwan and InterCement access to our latest innovations, industry expertise and our strong plant network and customer service in the Middle East. Thanks to Mondi’s vertical integration, our partners will further benefit from our high quality kraft paper.”
Helwan Cement owner Suez Cement managing director Jose Maria Magrina said, “We are delighted to continue our relationship with a reputable and reliable global paper bags supplier like Mondi, while we can focus on our core operations, the production of grey cement and ready-mix.” InterCement subsidiary Amreyah Cement legal and administration director Paulo Dall’Aqua added, “Building sustainable partnerships is InterCement’s tagline, and it is exactly what this deal represents.”
Mondi launches web-based platform
13 June 2019Austria: Mondi has launched ‘myMondi’ a web-based platform. It says it is the first all-in-one digital customer platform available in the paper sack industry worldwide. The sales product is intended to enable customers to view live product and stock information, place orders and track order status.
Cherat Packaging and Mondi hit half-billion cement bag milestone
13 December 2017Pakistan: Cherat Packaging, a producer and supplier of packaging to the cement industry, and Austria’s Mondi have made over half-a-billion cement bags since 2002. The local bag manufacturer has a bag production capacity of 600m/yr. It holds country-specific exclusive rights to use Mondi’s brown sack kraft paper to produce cement bags and has bought only Mondi paper for its use in the last 15 years.
“The bags had to be suitable for rough handling and fast, dust-free filling, and we wanted to deliver further benefits, such as material and cost savings. Mondi’s Advantage Select paper was the perfect choice. The 80/85gsm variant has revolutionised paper bag sales in Asia as it has provided us as well as our customers with high quality, low cost solutions. It has allowed us to use two plies instead of three and to dispense with perforation, which has significantly reduced paper consumption and dust at our clients’ premises. The bags are lighter, yet stronger than the previous three-ply versions,” said Amer Faruque, the chief executive officer (CEO) of Cherat Packaging.
The company’s paper division has exclusive rights from Mondi for procurement of sack kraft paper in Pakistan and supplies two-ply 80/75gsm 50kg bag to Cherat Cement, a sister subsidiary within the Ghulam Faruque Group. In October 2017 Cherat Packaging commissioned a Windmuller & Holscher universal paper sack line.
Mondi to conduct due diligence review for Suez Bags
20 July 2017Egypt: The board of Suez Bags has approved Mondi Paper Sales to conduct a due diligence financial and technical review. The subsidiary of Austria’s Mondi was one of two companies considered for the review, according to Arab Finance. Suez Bags is a bag producer for cement, gypsum and other building materials based in Cairo. It is owned by Germany’s HeidelbergCement.
Mondi wins three Paper Shipping Sack Manufacturers’ Association awards for plant safety
15 June 2017US: Three Mondi Industrial Bags plants in North America have won awards for plant safety from the Paper Shipping Sack Manufacturers’ Association (PSSMA). The winning plants were Louisville in Kentucky, Arcadia in Louisiana and Salt Lake City in Utah. The Arcadia and Louisiana plants also achieved zero incidents rates in 2016. The awards were presented at the organisation’s seminar in Vancouver, Washington in April 2017.
Austria: Peter Oswald has been appointed as the next chief executive officer (CEO) of Mondi Group. The current CEO, David Hathorn, will retire from the role on 11 May 2017 following the group’s annual general meeting whereupon Oswald will succeed him. Subsequently Hathorn will continue to work for Mondi in an executive capacity until his retirement in February 2018.
Oswald graduated in law from the University of Vienna and in business administration from WU-Vienna Business School. He began his career with Deutsche Bank and automotive company KTM. He joined the Frantschach Group in 1992 as the head of internal audit, later becoming corporate controller. After serving as chief executive of its bag and flexibles business from 1995 to 2001, he was appointed chief executive of Mondi Packaging Europe in 2002, leading its subsequent integration with Frantschach into the new Mondi packaging division. Oswald was appointed chief executive officer of the Europe & International Division in January 2008. He is also currently serving as chairman of the Confederation of European Paper Industries.