Blog Post

Mondi to invest EUR 470 million in modernisation and expansion of its Steti mill

(Johannesburg, South Africa, Jan. 30, 2017) Mondi announced that it will invest EUR 470 million in the modernisation and expansion of the Steti mill in the Czech Republic, subject to obtaining approval for various tax incentives and necessary permitting. The project consists of the installation of a new recovery boiler, the rebuild of the fibre lines, the debottlenecking of the paper machines and an investment in a new 90,000 tonnes per annum machine glazed kraft paper machine.
Steti mill in the Czech Republic
Key benefits of the project are:
• Increased electricity self-sufficiency, lower energy costs and reduced environmental footprint of the mill
Increased pulp production of 130,000 tonnes per annum and lower pulp production costs per tonne
• Debottlenecking of existing packaging paper machines providing total incremental production of 55,000 tonnes per annum
• Additional capacity to produce 90,000 tonnes per annum of machine glazed kraft paper to supply fast growing end-uses in flexible packaging and food service applications
• Avoidance of maintenance capital expenditure over the next five years of around EUR 105 million.
The new recovery boiler and rebuilt fibre lines are expected to start up in late 2018, while the new paper machine is expected to start up in the first half of 2019.
Based on the current timetable, capital expenditure on the project is expected to be incurred in the three years from 2017 to 2019, Mondi said.
In a press release, Mondi said, “Given the approved project pipeline, the Group’s annual capital expenditure is now expected to be in the range of EUR 600-650 million in 2017 and EUR 800-850 million in 2018.”
Commenting on the project, Mondi Group CEO David Hathorn said, “This investment represents an exciting step in the continued development of our Packaging Paper business, further leveraging our low-cost production footprint in central Europe to produce high quality products that meet the growing needs of our customers.”
Mondi is an international packaging and paper group. The group operates as two divisions: Europe & International, and South Africa. To learn more please visit: (Source: Mondi Group)

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Link: The Future of Green Offices May Be Rewritable Paper

(January 10, 2017) Scientists have hacked a standard inkjet printer to create multicolor images

Bain Capital Private Equity Acquires Specialty Papers Producer Fedrigoni

(USA, Jan 4, 2018) Bain Capital Private Equity on Dec. 23, 2017 announced that

UPM Prepares to Permanently Close Paper Machine 5 at Blandin Mill at Year-end

(Helsinki, December 20, 2017) UPM on Oct. 24 announced plans to permanently close paper

Arctic Paper to Expand Uncoated Woodfree Paper Capacity at Its Kostrzyn Mill in Poland

(Poland, Dec. 18, 2017) The Management Board and Supervisory Board of Arctic Paper S.A.

Link: Chinese ban on waste paper to aid Indian paper manufacturers

(Mumbai, India, December 13, 2017) The Chinese government’s move to ban waste paper amidst

Recovered paper: New Chinese environmental standards to test scrap paper market in 2018

(Brussels, Belgium, November 2017) On 15 November 2017, China officially notified WTO of its

Mitsubishi HiTec Paper to Hike Price for Thermal and Carbonless Papers

(Germany, Oct. 9, 2017) Mitsubishi HiTec Paper said that it will be increasing prices

West Linn Paper Company to Increase Prices For its Coated Products

(USA, Oct. 10, 2017) West Linn Paper Company announced that it will be increasing

Glatfelter Announces a New Line of Opaque Uncoated Printing Papers

(USA, Oct. 9, 2017) Glatfelter today announced the introduction of Adena Opaque 96, a

BIR: Spotlight on the Indian Recovered Paper Market

(Brussels, Oct 04, 2017) The BIR Paper Division will be organising a diversified meeting

Voith Builds Two Paper Machines for the Production of Banknotes in Mysore, India

(Heidenheim, Germany, Sept. 21, 2017) Since the beginning of the year, the Government of

Domtar and PCA Lead Uncoated Free Sheet Price Increases

(New York, Sept. 12, 2017) The following is insight from Vertical Research Partners’ packaging

Sappi Europe hikes printing paper prices

(Brussels, Belgium, Sept. 14, 2017) Due to an unexpected further sharp rise in raw

Mondi to Postpone New Speciality Kraft Paper Machine Investment at Steti Mill

(Czech Republic, August 30, 2017) Mondi announced that it has decided to postpone its

Uncoated Free Sheet: Admit It or Not, Lots of Support Emerging

(New York, USA, August 15, 2017) According to Vertical Research Partners’ packaging and forest

Recovered paper exporters look for new markets as China tightens scrap paper imports

(Brussels, July 27, 2017) Supported by strong domestic dynamics and healthy global demand, Chinese

UPM Launches New SC Paper, UPM Impresse plus C

(Helsinki, Finland, July 13, 2017) UPM has launched a new SC paper, UPM Impresse

Lecta to Hike Prices for Thermal and Carbonless Paper

(Italy, July 6, 2017) Lecta has announced price increases for its thermal and carbonless

Papcel to supply a new tissue paper machine to Jakarta

(Czech Republic, 30 Jun 2017) Recently, ABK Groupe & PAPCEL signed a new contract

Total U.S. Printing-Writing Paper Shipments Dropped 2 Percent in May

(Washington DC, USA, June 22, 2017) The American Forest & Paper Association has released

Nordic Paper to Increase Price for Greaseproof Papers

(Norway, June 23, 2017) Nordic Paper announced that it will increase prices on greaseproof

Mitsubishi HiTec Paper Announces Price Increase for Thermal and Carbonless Papers

(Germany, June 14, 2017) Mitsubishi HiTec Paper has announced a price increase of 6

Link: Asia Pulp and Paper to tap increasing demand for paper for holy book

(Jakarta, Indonesia, June 12, 2017) Giant paper producer Asia Pulp and Paper (APP) is

Resolute to Idle Coated Paper Machine at Catawba; will remove about 193,000 metric tons per year of coated paper capacity

(Canada, June 8, 2017) Resolute Forest Products on June 1 announced that it will

Ahlstrom-Munksjö to Invest in Genuine Vegetable Parchment Products in France

(France, June 6, 2017) Ahlstrom-Munksjö announced that it will invest in new production capacity

Mondi Publishes New Visual Book for Its IQ Color Range of Uncoated Tinted Papers

(U.K., June 7, 2017) Mondi has published an expressive new visual book for its

Link / India: JK Paper lines up Rs 650 crore for investment, capex

(Chennai, India, May 24, 2017) JK Paper Ltd (JKPL) has lined up an investment

Recovered paper market – Q1 review: market hit by freight hikes / increased stocks

(Brussels, April 26, 2017) While recovered paper grades posted a relatively strong quarter, prices

Chinese firm Tranlin (aka Vastly) delays $2 billion pulp and paper mill in Virginia, USA

(Chesterfield, Virginia, USA, May 03, 2017) A $2 billion paper mill planned for eastern

Link: record recovered paper rates in the U.S

(USA, April 2017) Another month, another record-setting several weeks for recovered paper pricing. … At

Link: slowdown in UK’s RCP exports to China

(April 13, 2017) For the UK, a large proportion of whose annual recovered paper

UPM expands its newsprint production in Austria

(Helsinki, April 13, 2017) UPM Paper ENA has a strong foothold all over Europe.

Mitsubishi HiTec Paper to Hike Price for Specialty Papers

(Germany, March 31, 2017) Mitsubishi HiTec Paper said that it will implement a 6-8%

Ittihad International Investment orders fine paper machine

(Helsinki, March 29, 2017) Valmet will supply a fine paper line for Ittihad International

Pöyry Awarded Detailed Design Contract for Paper Machine Rebuild at Sappi’s Somerset Mill

(Johannesburg, South Africa, March 21, 2017) Pöyry announced that it has been awarded a

Why Everyone is Falling in Love with Print Again

(USA, March 14, 2017) In this incredibly convenient and efficient digital age, why are

Munksjö launches Steralia

(Sweden, March 20, 2017) Munksjö, a world-leading manufacturer of advanced specialty papers, announces the

Deutsche Papier to close doors

(Gernsbach, Germany, 10 Mar 2017) Germany’s paper merchant Deutsche Papier Vertriebs GmbH is closing

CEPI Says Establishment of ‘Real’ Recycling Rates in Europe Targets Where Investment is Needed Most

(USA, March 14, 2017) The European Parliament has today opted to follow the ambitious

2017 Paper Industry Trends

(Canada, January 24, 2017) The continuous advances in the tissue paper industry have enabled

Valmet-supplied fine paper line for Asia Symbol Paper started-up in China

(China, 7 March, 2017) Valmet-supplied fine paper production line for Asia Symbol (Guangdong) Paper

Huhtamaki invests in new paper cup manufacturing unit in Kiev

(Helsinki, March 06, 2017) Huhtamaki will set up a greenfield paper cup manufacturing unit

Link: record global recovered fibre consumption pushing up prices

(March 2, 2017) China started to enter the market more in 1996, helping to

Papyrus takes over Procurator

(Sweden, Feb. 23, 2017) Swedish paper merchant Papyrus has finalised the acquisition of Procurator,

Nippon Paper Industries announced price hike for printing and communication papers in Japan

(Tokyo, Japan, Feb. 21, 2017) Nippon Paper Industries Co., Ltd. today announced price increases

Chinese company to build biggest paper mill in Ethiopia

(Addis Ababa, Jan. 17, 2017) China Engineering Corporation (CEC) has signed an agreement with

Link / India: Sirpur Paper Mill put up for sale by banks

(Adilabad, Telengana, India, Feb. 2017) The closed Sirpur Paper Mills Limited (SPM) has been

Stora Enso to shut down one SC paper machine at Kvarnsveden mill in Sweden

(Stockholm, Sweden, Feb. 16, 2017) Stora Enso today announced that it will start co-determination

Catalyst Introduces New Line of Lightweight Flexible Packaging Papers, LEAP

(Canada, Feb. 15, 2017) Catalyst Paper announced a new line of packaging papers, branded

Verso Introduces NK Series of Lightweight Natural Kraft Machine Glazed Papers

(New York, Feb. 14, 2017) Verso today announced the introduction of its NK Series,

UPM to switch off PM 3 at Steyrermühl end of March; 305K tpy of publication paper capacity taken off the market

(Helsinki, Finland, Feb. 02, 2017) After the closure of PM 2 at the Augsburg

NPI enters India’s paper container processing business; has acquired India’s largest paper cup manufacturer

(Tokyo, Jan. 31, 2017) Nippon Paper Industries in December 2016 decided to acquire 100%

Antalis Acquires Ireland Paper Merchant, Swan Paper

(UK, Jan. 21, 2017) Antalis announced on Jan. 14 that it acquired the assets

BIR World Mirror on Recovered Paper / Quarterly Report – January 2017: “steep hike in sea freight rates; OCC prices remained firm in 4Q/16”

(Brussels, Belgium, January 13, 2017) Global economies are continuing to grow at a rather

Lecta increases production capacity of Metalvac range of metallized papers from 25,000 to 40,000 tons

(Spain, Jan. 11, 2017) In accordance with Lecta’s strategic plan, a new coating and

Antalis taking over Swan Paper, Gregersen and TFM

(UK, 09 Jan 2017) Antalis has announced the takeover of Irish Swan Paper, Norwegian

Boise Paper announces office papers product change

(USA, Jan 10, 2017) Boise Paper, a division of Packaging Corporation of America (PCA),

Link: the latest from Apple, “a paper bag”

(UK, January 09, 2016) Apple has patented remotely disabling iPhone cameras; Gear VR-style headsets;

Romanian group to re-launch paper manufacturer

(Bucharest, Romania, Jan. 02, 2017) Romania’s industrial group Chimcomplex Borzeşti has purchased the assets

Link: Chinese Firm to Build Pulp and Paper Factory in Ethiopia

(Addis Ababa, Ethiopia, December 27, 2016) A newly-established joint venture Purewood Pulp, Paper and

ASEAN: Vietnam and Thailand projected to emerge as major scrap paper importers; China focuses on increasing scrap paper recovery

(December 20, 2016) Vietnam and Thailand are set to emerge as leading markets for

Link: Higher prices poised to take hold on Britain’s woodfree paper

(Gernsbach, Germany, Dec. 13, 2016) Manufacturers are pushing for price hikes for printing and

Total European shipments of graphic papers in September 2016 down 4.3% vs Sept. 2015

(Brussels, Dec. 5, 2016) EURO-GRAPH, the European Association of Graphic Paper Producers, published its

Nippon Paper Industries reviews the production structure of glassine paper

(Tokyo, Japan, December 06, 2016) Nippon Paper Industries Co., Ltd. decided to review the

Link: Back-to-School Report: Why Paper Belongs in the Classroom

(Montreal, Canada, Sept. 20, 2016) Paper plays an incredibly important role in learning. Study

Expera Launches Resin-Gard™ Saturating Papers

(Kaukauna, WI, USA, December 1, 2016) Expera Specialty Solutions is adding a new product

Link: Paper Prices in UK Set for 5 – 10 Percent Increase

(London, UK, Dec. 05, 2016) Most of the major papermakers have sent letters, seen

Proposed paper bag fee in Massachusetts to cost consumers millions; task force overreaches in plan to ban plastic bags

(Boston, Nov. 28, 2016) The plastic bag ban outlined today by Boston City Councilor

Dow backs recycling of paper release liner waste

(Brussels, Belgium, November 14, 2016) Dow Chemical subsidiary Dow Corning has entered a partnership

Link: Indonesia-based RAPP eyes bigger market share with 30% production hike in 2017

(Pangkalan Kerinci, Riau, Indonesia, November 17, 2016) Indonesia’s second-largest pulp and paper firm PT

Voith to supply new decor paper machine in India

(Heidenheim, Germany, Nov. 11, 2016) Voith has won a new contract to supply a

New law requires France’s government bodies to buy more recycled paper

(Gernsbach, Germany, Nov. 10, 2016) The entry into force of France’s law on the

Link: California bans plastic bags; recyclable paper bags to become the norm statewide

(Washington DC, USA, Nov 09, 2016) The fate of the first statewide single-use plastic

UPM Paper ENA plans to reduce 305,000 tonnes of graphic paper capacity in Europe

(Helsinki, Finland, 3 November 2016) UPM is planning to permanently reduce its graphic paper

Sappi Europe to hike graphic paper prices by 10 per cent in the UK market

(London, UK, Nov 03, 2016) Sappi Europe intends to increase prices for all graphic

Verso plans to temporarily idle 200,000 tons of annual production capacity at Androscoggin mill

(USA, Nov 01, 2016) Verso Corporation today announced plans to temporarily idle the No.

Appleton Coated Expands Product Options with Ethos Enhanced Inkjet Paper

(USA, Oct. 26, 2016) Appleton Coated announced that it has expanded its inkjet product

BIR World Mirror on Recovered Paper / Quarterly Report – October 2016: fiber exports remained challenging with a slight dip in export volumes

(Brussels, Belgium, October 23, 2016) China, an economy of US$ 11tn-plus, is currently going

U.S. Printing-Writing Paper Shipments Decreased 8 Percent in September

(Washington DC, USA, Oct. 24, 2016) The American Forest & Paper Association has released

Munksjö extends its range of baking papers with lightweight Aderpack 35 g/m²

(Sweden, Oct. 21, 2016) Munksjö extends its AderpackTM range with a 35 g/m² low

Paper Recycling Rate in Europe Reached 71.5% in 2015

(Brussels, Oct. 20, 2016) The European Recovered Paper Council (ERPC) announced that the paper

Link: ‘Paper industry will continue to prosper, as there is still lot of things that digital media like the internet cannot do’

(Mumbai, India, Oct 17, 2016) Siddharth Bang of Bang Paper, based in Hyderabad has

Link: ‘Majority of print is still on paper,’ says Indian paper executive

(Mumbai, India, Oct 17, 2016) 'Majority of print is still on paper,' says Mr.

Idempapers to Hike Price for Carbonless Sheets

(Brussels, Belgium, Oct. 13, 2016) Belgium-based specialty papermaker Idempapers SA said that it will

Tolko’s kraft paper mill in The Pas may have buyer

(Canada, Oct. 11, 2016) CBC News said that it has learned the name of

Gascogne’s sales down 2.9 per cent to Euro 212.8 million in 1H 2016

(France, Oct. 11, 2016) Gascogne’s sales in the first six months of the year

Resolute, Verso and Catalyst Announce Price Hikes for Coated Groundwood and SC Grades

(USA, Oct. 07, 2016) Major North American producers of groundwood and SC papers have

Weyerhaeuser to sell its printing papers business

(USA, Oct. 5, 2016) Weyerhaeuser Company today announced an agreement to sell North Pacific

Metsä Board to Permanently Close Down Wallpaper Base Machine in Kyro

(Helsinki, Finland, September 29, 2016) Metsä Board announced on August 4, 2016 that it

Belarusian paper mill eyes higher exports following upgrade

(Minsk, Belarus, Sept. 28, 2016) Belarusian paper mill Red Star is planning to raise

65 North American Companies Remove “Go Paperless – Go Green” Claims

(Washington DC, USA, Sept. 23, 2016) Two Sides North America, Inc. confirmed that over

Link: Japanese papermakers shedding excess capacity

(Tokyo, September 23, 2016) Japan’s paper manufacturers have started to rationalize their production facilities

Glatfelter’s Pixelle High-Speed Inkjet Papers Now Qualified for Ricoh Pro VC60000 Inkjet Printer

(USA, Sept. 20, 2016) Glatfelter announces its Pixelle® line of high-speed inkjet papers is

Link: The Relative Advantages of Paper and Digital Media in Education

(USA, Sept. 2016) In the past decade, classrooms have begun to shift away from

The Role of Print and Paper in Advertising: A Multi-Industry Perspective

(Montreal, Canada, August 05, 2016) Even though it’s up to each company to choose

Correct Paper Terminology Prevents Printing Errors

(Montreal, Canada, 08 August 2016) The mistaken use of a word in place of

For the record – Majority of consumers value paper over digital-only communications

(Montreal, Canada, July 29, 2016) A new survey, commissioned by the Two Sides organization,

Paper advantage: how handwriting makes you smarter

(Montreal, Canada, August 03, 2016) At your next meeting, will you be scribbling in

Pixels or Print? How to Make the Right Choice

(Montreal, Canada, August 01, 2016) We all know that reducing the amount of paper

A Film Press (courtesy Czech Papcel)
Czech Papcel inks deal with China’s KingDecor

(Litovel, Czech Republic, August 02, 2016) Czech paper machine maker Papcel a.s. has signed

Capacities: Stora Enso to close and divest Suzhou paper mill

(Helsinki, June 15, 2016) Stora Enso has signed an agreement to divest the key

U.S. Printing-Writing Paper Shipments Down in December 2015

(Washington DC, USA, January 27, 2016) The American Forest & Paper Association has released