Mondi has committed €200 million to convert the Duino mill in Italy into a recycled containerboard facility to meet rising sustainable packaging demands.

Target Company Overview

Mondi, a prominent player in the packaging and paper manufacturing sector, has executed a significant investment of €200 million to install a state-of-the-art recycled containerboard machine at its Duino mill located in Italy. This initiative aims to cater to the rising demand for sustainable packaging solutions. The conversion project, which began with a groundbreaking ceremony in May 2024, successfully transitioned the mill to operate a machine capable of producing 420,000 tons of recycled containerboard per year, officially commencing operations in September 2025.

Industry Overview in Italy

The Italian packaging industry is experiencing substantial growth, largely driven by an increasing consumer preference for sustainable and environmentally friendly products. In recent years, there has been a pronounced shift towards recycled materials, emphasizing the importance of minimizing carbon footprints and reducing waste. This movement is fostering innovation and encouraging companies like Mondi to adapt their product lines accordingly.

Italy's packaging sector is one of the largest in Europe, with a well-established infrastructure and a broad range of manufacturing capabilities. The country's strategic geographical position near major export harbors, such as those near Trieste, enhances its