Several Koehler flexible packaging paper have been certified by the environmental services provider Interseroh and awarded the „Made for Recycling“ seal. This includes Koehler NexPlus® Advanced, Koehler NexPlus® Seal Pure and Koehler NexPlus® Seal Pure MOB. Among other things, the after-life aspects of collection, sorting and recovery were analyzed. With this seal, the environmental services provider Interseroh certifies that the paper has a very good recycling capability. With Koehler NexPlus®, Koehler Paper is meeting the rapidly growing demand for sustainable packaging solutions - and this extends beyond just the food industry. Koehler NexPlus® paper has a barrier coating with various capabilities and characteristics. In particular, these include barriers for odors, greases, oils, water vapor, or gases, which combine with the paper's inherent capabilities, such as high strength properties and a natural feel, to create a strong overall concept. The advantage of Koehler’s NexPlus® barrier paper is that it is manufactured from sustainable raw materials. After use, it is classified as wastepaper and is thus a sought-after recycled raw material.
Mondi plc, a global leader in the production of sustainable packaging and paper, today provides an update on trading for the three months to 30 September 2023 (“third quarter” or “Q3 2023”).
In the third quarter of 2023 the challenging market conditions continued as expected in light of the ongoing weak macro-economic environment. Market demand has remained soft with lower average selling prices largely mitigated by lower input costs and tight fixed cost control. A much-reduced forestry fair value gain resulted in a lower underlying EBITDA of €261 million when compared to Q2 2023.
In Corrugated Packaging, containerboard prices were stable with our order books improving. Flexible Packaging saw further price and volume declines in kraft paper, which is traditionally later cycle. Our converting network delivered a resilient performance. Uncoated Fine Paper pricing continued to decline in Europe on ongoing weakness in demand. Southern Africa markets remain stable. The forestry fair value gain, accounted for within uncoated fine paper, was €14 million in Q3 2023, significantly lower than Q2 2023 of €72 million.
details at: https://www.mondigroup.com/news-and-insight/2023/trading-update-q3-2023/