Mondi has begun operations at its newly acquired Duino mill in Italy, which will produce 420,000 tonnes of recycled containerboard annually, reinforcing the company’s commitment to sustainable packaging solutions.

Information on the Target

The target of this deal is Mondi’s Duino mill located in Italy, which has recently commenced operations aimed at producing high-quality recycled containerboard. This facility is capable of utilizing recovered fiber, aligning its output with the growing demand for sustainable packaging solutions. Once fully operational, the Duino mill will achieve an annual production capacity of 420,000 tonnes of recycled containerboard, supporting various sectors, including e-commerce and consumer goods.

The strategic acquisition of the Duino mill, completed in 2023 for €40 million ($43.3 million) from Burgo Group, signifies Mondi’s commitment to enhancing its packaging solutions portfolio and operational capabilities in the industry.

Industry Overview in Italy

The packaging and paper industry in Italy plays a vital role in the European market, driven by a shift towards sustainable and recyclable materials. The demand for recycled products has increased due to intensified con