Packaging designs made of Metsä Board’s paperboard win gold at the European Carton Excellence Awards

Second Fiscal Quarter Highlights: Net sales of $3.8 billion, a 12% increase; Operating income of $341 million; Operating EBITDA of $555 million; Diluted earnings per share of $1.50; Adj. diluted earnings per share of $1.93; $350 million of share repurchases in 1H fiscal ‘22; Expect further opportunistic repurchases in 2H; Reaffirms fiscal 2022 adjusted earnings per share and free cash flow guidance

Mondi is rolling out a comprehensive portfolio of corrugated packaging solutions for the online grocery market across Central Europe. Using its wealth of experience in eCommerce packaging, Mondi has created clever new solutions for the diverse needs of grocery retailers who can now deliver a variety of goods, from perishable food to wine bottles in fit-for-purpose packaging. All boxes in the eGrocery portfolio are fully recyclable and meet customers' requirements of sustainability, cost efficiency and product protection. Mondi’s latest eGrocery packaging solutions include: Pick&ShipBox – a one-pack solution for all channels. It adapts to multiple requirements and offers convenience features such as easy lifting and opening. PantryBox – for quick and easy filling and closing. It is strong, stackable, and suitable for carrier shipping or click & collect. RecipeBox – for doorstep delivery of fresh produce and groceries. It has an integrated lid and optional holes for better ventilation. EatsBox – for smaller local deliveries by bike or scooter. It is lightweight and offers a quick filling option. Click&LoadBox – for click & collect of mixed grocery orders. It has handles for loading into cars and carrying home. Click&EnjoyBox – for holiday, gift or seasonal promotion packs. It has compartments for tall products like bottles, with an easy handle carrier. Click&CarryBox – for heavier mixed orders, providing strength and stability. It has an integrated handle for easy carrying.

Mondi collaborated with the Italian machine producer ACMI to create a new wrapping system for pallets that uses paper instead of plastic. By transforming the way pallets are wrapped, Advantage StretchWrap reduces the supply chain’s reliance on plastic, moving to a renewable and fully recyclable material. Advantage StretchWrap (patent-pending) is a brand new lightweight paper grade from Mondi made specially for wrapping pallets. It is able to stretch and resist punctures, providing robust protection for goods during transit. The current industry standard for pallet wrapping is a multi-layer plastic material with low recycling rates. The Advantage StretchWrap paper, along with ACMI’s Rocket E-500 wrapping system, makes it possible to switch to a fully recyclable pallet wrapping solution. The paper’s impressive stretchability and high-tensile strength makes it a reliable alternative for transport. Acceleration tests to simulate transportation with ESTL equipment (performed according to EUMOS 40509(1)) and real life transportation trials confirmed that pallets wrapped with Advantage StretchWrap are safe.