The Mayr-Melnhof Group (MM) has completed the acquisition of Kotkamills, Finland, agreed in December 2020, with the approval of all relevant competition authorities. With the acquisition, MM strengthens its position on the virgin fiber board (FBB) market with an attractive range of barrier board solutions that can replace PE (polyethylene) -coated board. MM is also entering the growing market for cardboard for paper cups (cup stock). The acquisition complements MM's established market position in recycled cardboard. In addition, MM is diversifying its product range with Saturating Kraft Paper / Impregnation paper, in which Kotkamills is one of the world's leading producers. "MM Kotkamills will play a strong and dynamic role within MM as an innovator in cardboard for modern paper cups, the water-dispersion-based coating of which is already carried out on-line in the cardboard machine. Our medium-term goal is to bring the sales volume to a capacity of around 400,000 t of carton per year. We look forward to a successful collaboration with our new colleagues, "comments Peter Oswald, CEO of the MM Group.
SCA increases the prices on white and brown kraftliner in Europe by €50 per tonne. The new price is valid from December 1, 2021.
“The kraftliner market remains strong”, comments Mikael Frölander, VP Sales and Marketing Containerboard. “We have a firm confidence in transport packaging, while we see a limited product supply.”