Mondi Group
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| Public (: ,: ),JSE: MNp) | |
| Industry | Packaging and Paper |
| Founded | 1967 |
| Headquarters | Johannesburg |
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Key people
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Fred Phaswana and David Williams, (Joint Chairmen) David Hathorn, (CEO) |
| Products | Pulp, paper, containerboard, and packaging |
| Revenue | €6,662 million (2016) |
| €981 million (2016) | |
| Profit | €686 million (2016) |
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Number of employees
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25,400 (2017) |
| Website | www.mondigroup.com |
Mondi plc is an international packaging and paper group employing over 24,400 people with 102 operations across more than 30 countries, predominantly in central Europe, Russia and South Africa. It is fully integrated across the packaging and paper value chain – from the growing of wood and the manufacture of pulp and paper (packaging paper and uncoated fine paper), to the conversion of packaging papers into corrugated packaging, industrial bags, extrusion coatings and release liner. It has listings on the and the and is a constituent of the FTSE 100 Index.
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 2000 the company increased its holdings in Neusiedler AG and Frantschach AG, both Austrian businesses, to 100% and 70% respectively. Also in 2000 it acquired Cofinec, another Polish business. It increased its holding in the Syktyvkar Mill in the Komi Republic to 90% in 2002. 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%.
On 2 July 2007 the Company demerged from its former parent company Anglo American plc, and became a dual-listed company, with a primary listing on the Johannesburg and a premium listing on the London Stock Exchange.
In 2012 Mondi acquired Nordenia to extend its consumer packaging business.
In May 2017, Peter Oswald will replace David Hathorn as group chief executive officer.
Mondi operates in two divisions: Europe & International and South Africa:
Mondi Europe & International is a division of the Mondi Group. It specializes in containerboard, kraft paper, corrugated packaging, industrial bags, extrusion coatings, release liner, consumer goods packaging, advanced films and hygiene products components, office and digital printing as well as offset paper. It is organized into four business units: Packaging Paper, Fibre Packaging, Consumer Packaging and Uncoated Fine Paper. In Austria, Mondi has nine production facilities. The head office in Vienna is also the headquarters of the Europe & International division.
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Wikipedia