Mondi Paper Bags acquires paper bag lines from cement producers in Egypt

Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will increase Mondi’s capacity by approximately 60 –80 million bags annually and strengthen Mondi’s position in the Middle Eastern bag market, particularly in supporting suppliers to the construction industry. Mondi Paper Bags, a global producer that operates two plants in Egypt, will also become the exclusive supplier of paper bags to Helwan Cement Company and InterCement Sacs.