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.