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Share price EUR 120,40 17:35 GMT 06.12.2019

MM Karton expands raw material supply for cartonboard production

Mayr-Melnhof Karton has signed an agreement to acquire a high grade CTMP (Chemithermomechanical pulp) production near Trondheim, Norway.

An annual capacity of up to 130,000 tons replaces external supply by self-sufficiency. The acquisition price will amount to approximately EUR 4 million. Södra Cell AB, Schweden, is the seller of the plant. 

MM Karton is the largest producer of coated recycled cartonboard worldwide with a growing position in virgin fiber-based cartonboard.

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