Mondi Paper Bags, part of Mondi Group, has acquired two kraft bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will increase Mondi’s capacity by approximately 60-80 million kraft bags annually and strengthen Mondi’s position in the Middle Eastern market.
Mondi Paper Bags, which operates two plants in Egypt, will also become the exclusive supplier of paper bags to Helwan Cement Company and InterCement Sacs.
“We are excited to have signed long-term supply agreements with two of our biggest customers in Egypt further securing our position in the Middle Eastern market. These collaborations will offer Helwan and InterCement access to our latest innovations, industry expertise and our strong plant network and customer service in the Middle East. Thanks to Mondi’s vertical integration, our partners will further benefit from our high quality kraft paper,” said Claudio Fedalto, Chief Operating Officer of Mondi Paper Bags.