Sonoco Alcore will operate
core production in Russia.
Sonoco
Alcore S.a.r.l., (www.sonoco.com/sonocoalcore)
a business of Sonoco, and Mondi have signed a multi-year agreement
in which Sonoco Alcore will manage all on-site core production operations at
the Mondi Syktyvkar paper mill in Russia.
Effective Dec. 1, 2012, Sonoco Alcore will take over the production
and management of cores at the Syktyvkar mill. Under the agreement, Sonoco will
purchase Mondi's existing core equipment and then replace it with newer state
of the art technology equipment. The new equipment will include one winder, one
in-line cutting machine and two off-line core cutters, as well as core drying
chambers. In addition, Sonoco will manage 28 employees responsible for core
production on site.
Mario
Freissl, head of Supply Chain and Procurement and member of the Board,
says, "With this agreement Mondi will receive more stabilized and reliable
core quality, and gain access to Sonoco Alcore's operational and technological
leadership."
"This
agreement significantly benefits both parties," says Adam Wood, vice president, Industrial Converting Europe.
"It allows Sonoco to expand its manufacturing footprint in a high-growth
market, with the potential to serve additional customers from this location. It
also demonstrates our ability to convert self-manufacturers, and aligns with
our growth strategy in the Russian core market."
