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Mondi Announces Acquisition of BSK Materials Ltd.

Published on 2008-04-17. Author : SpecialChem

Vienna -- Mondi has announced the completion of the acquisition of BSK Materials Ltd, a UK based extrusion coating company. BSK Materials Ltd. employs around 90 staff. The company will be integrated into Mondi's Coating and Release business unit which is part of the Groups' Europe & International division.

About Mondi Group:

Mondi is an international paper and packaging group and in 2007 had revenues of € 6.3 billion. Its key operations and interests are in western Europe, emerging Europe, Russia and South Africa.

The Group is principally involved in the manufacture of packaging paper and converted packaging products; uncoated fine paper; and speciality products and processes, including coating, release liner and consumer flexibles.

Mondi is fully integrated across the paper and packaging process, from the growing of wood and manufacture of pulp (including recycled materials) and paper to the converting of packaging papers into corrugated packaging and industrial bags. Mondi has production operations across 35 countries and had an average of 35,000 employees in 2007.

About Mondi Coating and Release:

Mondi Coating & Release is an innovative supplier of plastic and paper-based materials, providing technologies such as extrusion coating, laminating, siliconising and printing. The product range covers efficient barrier materials for industrial papers, technical products as well as applications for the food- & non-food industry. Customised release liners for the pressure sensitive adhesives industry complete the portfolio. Through its transatlantic production and worldwide sales network Mondi Coating & Release provides global customer service and continues to drive innovation in the industry.

Source: Mondi Group

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