“We are happy to greet our new partners from Hinton Pulp mill to Mondi and we are keen to cooperate with them to protect the mill’s prospects and assist Mondi’s growth in North America with our assortment of sustainable packaging,“ says Andrew King, Mondi Group CEO.
Mondi plc has finalised the purchase of Hinton Pulp mill in Alberta, Canada, from West Fraser Timber Co. Ltd (West Fraser) for a total amount of USD 5 million.
The mill has the ability to produce about 250,000 tonnes of pulp every year and will give the Group access to local, high-quality fibre from a well-managed wood basket as part of a long-term collaboration with West Fraser.
Mondi plans to invest in the mill to enhance productivity and sustainability performance and, depending on pre-engineering and permitting, invest in enlarging the facility mainly with a new kraft paper machine which will link its paper bag operations in the Americas to support future growth.
corruga.expert
