Mondi has announced that is adopting a ‘future-focused product portfolio’ for its Neusiedler mill in Austria, and is due to invest to optimise the performance of the operation, though one paper making machine will be closed with job losses.
The mill will focus on the strategic growth markets of luxury packaging, professional print and technical and converting papers, while Mondi will use the strength of its asset base to deliver ‘high quality and diversified products’.
As a result of this, one paper machine is due to close, and the capacity of the finishing lines will be streamlined. The change in production capacity will ‘inevitably’ have implications for the staffing level required and as Mondi has accordingly entered into consultations with its workforce at the Neusiedler mill.
An investment of €20 million has been approved to increase energy efficiency at the mill, and to ensure the necessary upgrades to machines, infrastructure and buildings. This investment is also in line with Mondi’s Map2030 sustainability commitments, which includes reducing greenhouse gas emissions in line with science-based targets.