Executive Summary
Mondi plc was demerged from Anglo American plc. Mondi is integrated across the paper and packaging production process from the growing of wood for pulp production and the manufacture of pulp and paper to the conversion of packaging papers into corrugated packaging and industrial bags. Furthermore, it has a growing flexibles business focused on the production of release liner, extrusion coating and consumer flexibles products. Mondi has production operations in 112 locations across 34 countries. Mondi averaged approximately 34,000 employees during 2006.
Company History
The roots of the global business that is now Mondi were first planted in 1967 in South Africa, when their former owners Anglo American plc built the Merebank Mill. Following more than two decades’ growth and consolidation in South Africa, they came to Europe in the early 1990s to start a long period of expansion through acquisition.
They have bought businesses in countries including Austria, the UK, France, Russia, Slovakia, Poland, Hungary, Slovakia, Denmark, the Netherlands, Bulgaria and Italy, as well as operations in Mexico.
During this time, many major companies – often market leaders in their home nations – became part of Mondi. These included Austria’s Neusiedler AG and Frantschach AG, Cofinec in Poland, and Russia’s Syktyvkar Mill, which is central to their future expansion plans alongside emerging opportunities in Asia and the Americas.
They became an independent dual-listed business in mid-2007 when they successfully demerged from Anglo American with listings on the London and Johannesburg Stock Exchanges.
From January 2008, in place of the former Mondi Packaging and Mondi Business Paper business units, they now operate as two divisions: Europe & International and South Africa.
Current Events
Business Model
- 35,000 employees
- 127 operating sites across 35 countries worldwide
- Three primary business streams - Corrugated, Bags & Specialities and Uncoated fine paper (UFP)
- Corporate offices in the UK and South Africa
Products/Services
Forestry
Wood is the essential raw material for all of our virgin paper-based products. Mondi owns or leases 350,000 hectares of land in South Africa of which 245,000 is planted with hardwoods (e.g. eucalyptus) and softwoods (e.g. pine and spruce). they also hold logging rights to 1.6 million hectares of mainly softwood forests in the Komi Republic of Russia. Together, this provides an annual allowable cut of 8 million m3. This makes them potentially self-sufficent in wood for more than half our pulp-production needs.
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