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.
