The original article can be found here.
Article highlights:
- Mondi has reached a $5 million (R94 million) deal to acquire a pulp mill in Canada.
- Mondi is also planning to spend €400 million (about R8.2 billion) on expanding the operation to meet growing demand for paper-based packaging in the Americas.
- Mondi is the world’s largest producer of kraft paper, which is widely used in, among other things, packaging for food products and for shipping items.