Mondi expands capacity in sustainable pet food packaging solutions

Mondi to invest nearly €65 million to meet customers’ growing demand for sustainable packaging solutions

150
Mondi
Mondi expands capacity in sustainable pet food packaging solutions. Photo Mondi

Mondi is investing nearly €65 million (approximately Rs 530 crore) in three consumer flexibles packaging plants in Europe in order to meet growing customer demand for sustainable pet food packaging solutions. The European pet food market has grown significantly in recent years, driven by a consistent rise in pet ownership. This trend increased during the Covid-19 pandemic and is expected to continue for many years to come.

This project is part of Mondi’s previously announced €1 billion (approximately Rs 8,147 crore) expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen its leading position in the pet food packaging market.

Work has already started at Mondi Korneuburg (Austria) and includes investments in new, state-of-the-art machinery and equipment as well as an expanded production area. These changes will lead to a capacity increase, solidifying the site’s position as a market leader in pre-made retort stand-up pouches for wet pet food.

The group is also investing in new, advanced machinery at Mondi Halle and Mondi Steinfeld in Germany, to increase the production capacity of sustainable pre-made bag solutions for pet food, as well as home and personal care. This will enable future growth and support customers to switch from multi-layer, non-recyclable packaging to more sustainable alternatives such as mono-material recyclable stand-up pouches and paper-based pre-made bags.

“We take pride in being an innovative, agile partner for our customers. With this investment, we continue to take the lead in packaging solutions that are sustainable by design, especially in the pet food industry.  This investment also supports our Mondi Action Plan 2030 (MAP2030) sustainability framework which is focused on circular-driven solutions, created by empowered people, taking action on climate. With these projects, we’re increasing operational efficiency and reducing our own energy consumption while also connecting our production network,” said, Dirk Gabriel, chief operating officer of Consumer Flexibles, Mondi.

The impact, resilience, and growth of responsible packaging in a wide region are daily chronicled by Packaging South Asia.

A multi-channel B2B publication and digital platform such as Packaging South Asia is always aware of the prospect of new beginnings and renewal. Its 16-year-old print monthly, based in New Delhi, India has demonstrated its commitment to progress and growth. The Indian and Asian packaging industries have shown resilience in the face of ongoing challenges over the past three years.

As we present our publishing plan for 2023, India’s real GDP growth for the financial year ending 31 March 2023 will reach 6.3%. Packaging industry growth has exceeded GDP growth even when allowing for inflation in the past three years.

The capacity for flexible film manufacturing in India increased by 33% over the past three years. With orders in place, we expect another 33% capacity addition from 2023 to 2025. Capacities in monocartons, corrugation, aseptic liquid packaging, and labels have grown similarly. The numbers are positive for most of the economies in the region – our platform increasingly reaches and influences these.

Even given the disruptions of supply chains, raw material prices, and the challenge of responsible and sustainable packaging, packaging in all its creative forms and purposes has significant headroom to grow in India and Asia. Our context and coverage engulf the entire packaging supply chain – from concept to shelf and further – to waste collection and recycling. We target brand owners, product managers, raw material suppliers, packaging designers and converters, and recyclers.

In an admittedly fragmented and textured terrain, this is the right time to plan your participation and marketing support communication – in our impactful and highly targeted business platform. Tell us what you need. Speak and write to our editorial and advertising teams! For advertisement ads1@ippgroup.in , for editorial info@ippgroup.in and for subscriptions subscription@ippgroup.in

– Naresh Khanna

Subscribe Now
close
unnamed 1

NEWSLETTER

Subscribe to our Newsletter

LEAVE A REPLY

Please enter your comment!
Please enter your name here