Update on the proposed disposal of Mondi Syktyvkar

Mondi has collaborated with German machine supplier beck packautomaten to create a functional paper solution that has the potential to revolutionise eCommerce by replacing plastic packaging and creating right-sized packaging for a wide range of products. Mondi’s FunctionalBarrier Paper is 95% paper and features enhanced barrier properties to guarantee premium product protection against water vapour and moisture. This is essential for many products being shipped, including electronic goods. The paper is made with a higher strength, enabling it to carry heavier items without breakage. It is responsibly sourced, made of renewable materials and recyclable in existing recycling streams throughout Europe. Beck’s automated packing machine ensures that products of different sizes are packed according to their requirements. The machine measures the packed goods and calculates the paper needed, reducing excess usage of the material and thereby minimising waste and costs. Stable sealing of Mondi’s paper on all four sides of the packaging ensures that it meets logistics requirements and protects goods in transit - as successfully proven during tests in Mondi’s ISTA certified lab in its Bupak plant.

The Mayr-Melnhof Group (MM) has joined the global initiative “Business Ambition for 1.5 ° C” in order to use suitable measures to help limit global warming to 1.5 degrees. As part of this platform, which was launched by the UN Global Compact and the Science Based Targets Initiative (SBTi), MM is committed to setting science-based climate targets. These provide for net zero emissions in the entire value chain by 2050 at the latest. MM is thus increasing the pace of its engagement against climate change at the time of important global milestones such as the UN climate conference COP26. Peter Oswald, CEO of the MM Group: “MM is a sustainability company that is at the forefront of avoiding plastic waste with innovative recyclable packaging made from renewable raw materials. In addition, the reduction of greenhouse gas emissions to mitigate climate change is an integral and fixed part of our corporate strategy. That is why we set ourselves ambitious, science-based goals and take an active part in the Business Ambition for 1.5 ° C initiative in order to jointly promote climate-friendly economic activity. "

UPM Raflatac has joined Ellen MacArthur's Circular Economy 100 programme on its journey towards a more sustainable future. As the world's most sustainable labeling company and as part of UPM, the Biofore Company, UPM Raflatac wants to aim higher and make the circular economy a reality in the whole packaging value chain. The Circular Economy 100 (CE 100) is a pre-competitive innovation programme established to enable organisations to develop new opportunities and realise their circular economy ambitions faster. It brings together corporates, governments and cities, academic institutions, emerging innovators and affiliates in a unique multi-stakeholder platform. Specially developed programme elements help members learn, build capacity, network, and collaborate with key organisations around the circular economy. Click Read More below for additional information.