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Mondi acquires two paper bag lines

Cementing the deal: Mondi acquires two paper bag lines and signs exclusive supplier agreements with leading cement producers in Egypt

30 Jul 2020
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Mondi Paper Bags has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs1. With these acquisitions, Mondi’s paper bag production volume in the country will increase by approximately 60-80 million bags annually. As part of the agreement, Mondi will become exclusive supplier of paper bags to Helwan Cement Company and InterCement Sacs. 28 July 2020 – Mondi Paper Bags, part of Mondi Group, a leading global packaging and paper manufacturer, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt.
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