Mondi completes acquisition of Hinton Pulp mill
Mondi plc (Mondi), a global leader in the production of sustainable packaging and paper, has completed the acquisition of Hinton Pulp mill in Alberta, Canada, from West Fraser Timber Co. Ltd (West Fraser) for a total consideration of USD 5 million.
The mill has the capacity to produce around 250,000 tonnes of pulp per annum and will provide the Group with access to local, high-quality fibre from a well-established wood basket as part of a long-term partnership with West Fraser.
Mondi intends to invest in the mill to improve productivity and sustainability performance and, subject to pre-engineering and permitting, invest in expanding the facility primarily with a new kraft paper machine which will integrate its paper bag operations in the Americas to support future growth.
https://www.mondigroup.com/news-and-insight/2024/mondi-completes-acquisition-of-hinton-pulp-mill/