- Mondi Group
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Mondi Group 
Type Public (LSE: MNDI, JSE: MONDI) Industry Paper and Packaging Founded 1967 Headquarters London, Vienna Key people David Hathorn, (CEO) Products Paper, Pulp, Printing Paper, Copy Paper, Corrugated Packaging, Kraft Paper, Packaging Revenue €6,228 million (2010)[1] Operating income €509 million (2010)[1] Profit €285 million (2010)[1] Employees 31,000 (2010)[2] Website www.mondigroup.com Mondi is an international paper and packaging company employing over 30,000 people with operations across more than 30 countries, predominantly in Central Europe, Russia and South Africa. It is fully integrated across the paper and packaging process – from growing of wood and the manufacture of pulp and paper (including recycled grades), to the conversion of packaging papers into corrugated packaging and industrial bags. It has primary listings on the Johannesburg Stock Exchange and the London Stock Exchange. It is a constituent of the FTSE 250 Index.
Contents
History
Mondi has its roots in South Africa where, in 1967, the company's former owner, Anglo American plc, built the Merebank Mill in Durban. In the early 1990s Mondi started its business in Europe (Austria, UK, France, Russia, Poland, Hungary, Denmark, the Netherlands, Bulgaria and Italy). In those countries many major companies became part of Mondi.
In 2000 the Company increased its holdings in Neusiedler AG and Frantschach AG, both Austrian businesses, to 100% and 70% respectively.[3] Also in 2000 it acquired Cofinec, another Polish business.[3] It increased its holding in the Syktyvar Mill in the Komi Republic to 90% in 2002.[4]
In 2004 it further increased its holdings in Frantschach AG, one of its Austrian businesses, to 100% and in Celuloza Świecie AG, another Polish business, to 71%.[3]
On 2 July 2007 the Company demerged from its former parent company Anglo American plc, turning into a dual-listed company with primary listings in both Johannesburg and London reflecting the fact that while the majority of the Company's business is in Europe it also has a South African heritage and significant ongoing operations there.[5]
Corporate Structure
The Mondi Group consists of two main divisions: Europe & International and South Africa.
Products
Mondi produces uncoated fine paper, corrugated products as well as bags and specialties and serves diverse industries. Uncoated Fine Paper includes office and printing paper as well as paper for the pre- and offset printing segments.
Containerboard, both virgin and recycled, and corrugated packaging solutions (shelf-ready and heavy-duty packaging, trays and boxes) are used for diverse industrial applications including the food sector. Mondi converts kraft paper into bags and specialty products for rugged industrial applications. These bags are compatible with high-speed filling and used primarily in the cement and construction industries. Bags and microwaveable packaging are produced of film-based flexible packaging. Special technologies, such as extrusion coating, laminating, siliconising and printing facilitate other uses and applications.
Sustainability
In the field sustainability as well as in economic and ecological activities Mondi participates in the survey of Ethical Investment and is represented in the following indices: FTSE4Good Index and the JSE Socially Responsible Investment.[6]
The company recognizes human rights and engages in active health and safety management at the workplace and in people development. Mondi is a signatory and advocate of the Global Compact, a UN initiative for business committed to universally accepted principles in the areas of human rights, labor, environment and anti-corruption. [7]
The forests that are owned, leased and managed by Mondi are certified according to the standards of the Forest Stewardship Council (FSC). The majority of the wood and fibre procured from external suppliers is FSC or PEFC-certified (PEFC: Program for the Endorsement of Forest Certification).
Practically all the company's products are fundamentally sustainable. Consisting of natural fibres and produced with renewable resources, they are compatible with recovery and recycling regimes. Standardized parameters are applied continuously to monitor the environmental impact of the production processes. Mondi defined its product responsibility on the basis of the UNEP Life Cycle Initiative. [8]
Mondi Europe & International
Mondi Europe & International, a division of the Mondi Group, operates around 80 production facilities in 28 countries. It specializes in office and digital printing as well as offset paper, containerboard, corrugated packaging, kraft paper, industrial and consumer bags, films, extrusion coating and release liner. In Austria, Mondi Europe & International has 9 production facilities. The head office in Vienna is also the headquarters of the Europe & International division.
Production Sites
Mondi produces in Europe, Africa, Asia, North America and in Middle East.
Germany
- Mondi Raubling GmbH: Paper Mill (former Papierwerke_Waldhof-Aschaffenburg|PWA) in Raubling
- Mondi Bad Rappenau GmbH: Producer and manufacturer of corrugated in Bad Rappenau
- Mondi Eschenbach GmbH: Producer and manufacturer of corrugated in Eschenbach in der Oberpfalz
Austria
- Mondi Neusiedler GmbH: Paper MIll (former Papierfabrik Neusiedl) in Hausmening und Kematen an der Ybbs
- Mondi Frantschach GmbH: Paper and Pulp Mill in Frantschach
Mondi South Africa
Mondi's South Africa division manages over 330.000 hectares of plantations and manufactures woodchips, pulp, containerboard and uncoated fine paper. In addition to the South Africa division, Mondi also owns 70% of Mondi Packaging South Africa and 50% of Mondi Shanduka Newsprint.
References
- ^ a b c Annual Report 2010
- ^ Mondi: About us
- ^ a b c Mondi: Key events
- ^ Anglo American to invest US $250 million in Russian paper mill PMD, 18 March 2002
- ^ Mondi demerger from Anglo American completed PPI, August 2007
- ^ www.mondigroup.com: online here; last view on 31.01.2011
- ^ www.unglobalcompact.org, online here; last view on 31.01.2011
- ^ www.lcinitiative.unep.fr/, online here; last view on 31.01.2011
External links
Categories:- Companies listed on the London Stock Exchange
- Companies listed on the Johannesburg Stock Exchange
- Companies based in London
- Pulp and paper companies
- Dual-listed companies
- Companies established in 1967
- Pulp and paper companies of the United Kingdom
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