Mondi Akrosil LLC has received regulatory clearance, and has therefore successfully completed its previously announced deal with Nitto Americas. The deal is centered around the acquisition of Nitto's plant in Pleasant Prairie, WI, USA. The new facility will be named Mondi Pleasant Prairie.
The new facility strengthens Mondi´s offering for specialized release liner in North America and provides ample room for expansion. “This investment benefits our customers as we significantly enhance our overall production portfolio and allows us to offer further print capabilities for hygiene and film," says Thomas K. Schäbinger, CEO of Mondi Coatings.
Mondi Pleasant Prairie adds nearly 450 million square meters of capacity. With now three release liner facilities in Wisconsin and Ohio, Mondi continues to optimize synergies between the plants while at the same time shortening development cycles due to improved focus on individual technical expertise.