Mondi Announced Investment in New R&D Facility in Germany
The proposed facility will help the company meet the growing demand for sustainable packaging solutions.
SEATTLE (Scrap Monster): Mondi Group, a leader in packaging and paper, announced its decision to invest €5 million in a new research and development (R&D) facility at Mondi Steinfeld, Germany. The proposed facility will help the company meet the growing demand for sustainable packaging solutions.
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According to company press release, it has already commenced construction works of the facility. Once completed, it will house pilot lines for both plastic- and paper-based solutions, from coating, film extrusion and printing to filling lines for multiple products. It will also have an analytical laboratory. Additionally, the customer experience centre at the facility will provide an open environment to meet and collaborate with customers at an early stage in the development of new innovations.
Commenting on the development, Elisabeth Schwaiger, Head of R&D and IP Flexible Packaging at Mondi noted that the facility demonstrates the company’s hands-on approach to develop sustainable packaging solutions. The investment will help it make significant progress on Mondi Action Plan 2030 sustainability goals. It must be noted that Mondi targets to make 100% of its products reusable, recyclable or compostable by 2025.
The R&D centre is scheduled to open its doors by end-2023.
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