Mondi Announces Pricing Actions and Further Plant Closures Amid Challenging Market Conditions

Mondi plc, a global leader in sustainable packaging and paper, announced pricing actions and additional plant closures as part of its ongoing response to challenging market conditions and rising input costs.

During the first quarter of 2026, Mondi experienced increased pressure from higher energy, raw material, and logistics costs, alongside lower average selling prices. In response, the company has initiated pricing increases across its product portfolio. While there is an expected time lag, these measures are anticipated to take full effect in the third quarter of 2026.

In parallel, Mondi continues to optimise its operational footprint. The company has announced the closure of three additional converting plants, including:

• A Consumer Flexibles plant in Hungary

• Two Corrugated Solutions plants in Poland and Germany

These closures will result in a reduction of approximately 450 roles over the course of the year and bring the total number of recently announced plant closures to six. Customers will be transitioned to other facilities within Mondi’s integrated network to ensure continuity of supply.

Despite ongoing market volatility and geopolitical uncertainties, Mondi remains focused on strengthening its competitive position through operational excellence, disciplined cost management, and strategic capacity optimisation.

Andrew King, Chief Executive Officer of Mondi Group, commented:
“While cost pressures and pricing challenges persist, we are taking decisive action to mitigate their impact. Our pricing initiatives, combined with continued optimisation of our production footprint, position us to navigate current headwinds and support long-term value creation.”

Mondi continues to prioritise safety, customer service, and sustainable product innovation as it adapts to evolving market dynamics.