Tag: Mondi Group

International Paper sells its corrugated packaging business in Turkey to Mondi Group

International Paper has entered into an agreement to sell its 90.38% ownership interest in Olmuksan International Paper to Mondi Group for approximately € 66 million. The Olmuksan business includes corrugated packaging facilities in Turkey with an approximate annual revenue of TRY 1,093...

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...

Trend in revenue decline of major timber industry players

Many forest-industry companies reported that they reduced revenues or reduced EBITDA margin in 2019. Mondi Group reduced revenue by 3% to € 7.268 billion. International Paper reduced revenue by 3.99% to $ 23.376 billion. Russian forest-industry companies also...